A total of 966 new foreign-invested projects were licensed during the period, with a combined registered capital of over US$7.11bil. — VNA/VNS
HANOI: Foreign investment disbursement in the first four months of this year has reached an estimated US$6.28bil, marking a record high over the past five years, as shown in a report from the Planning and Investment Ministry’s Foreign Investment Department.
The report indicates that foreign investment inflows into Vietnam during the reviewed period also saw a modest increase of 4.5% to nearly US$9.27bil.
A total of 966 new foreign-invested projects were licensed during this period, with a combined registered capital of over US$7.11bil, representing increases of 29% and 73%, respectively.
Additionally, 345 operating projects were permitted to raise their capital by over US$1.23bil, down 26% year-on-year.
Meanwhile, foreign investors allocated over US$929.6mil to contributing capital and purchasing shares of domestic companies via 902 transactions, a decline of 70% compared to the same period last year.
The manufacturing and processing sector attracted the largest share of foreign investment with US$5bil, accounting for 70.2% of the total. Real estate followed with nearly US$1.6bil, equivalent to 22.5% of the total, while other sectors accounted for US$519.6mil, or 7.3%.
Among the 50 countries and territories investing in Vietnam, Singapore led with over US$2.59bil, representing 36.4% of the total foreign investment pledged in the country.
It was followed by Hong Kong with nearly US$898.6mil (12.6%), mainland China (US$740.2mil or 10.4%), Turkiye (US$730mil or 10.3%) and Taiwan (US$512.3mil or 7.2%).
According to a report from the General Statistics Office, Vietnam’s overseas investment reached US$98.9mil in the four months, down 36% year-on-year. — Viet Nam News/ANN
