HANOI: Foreign investment into Vietnam continues to rise in the first two months of the year, according to statistics released on Wednesday by the Foreign Investment Agency under the Finance Ministry.
The total foreign registered capital was over US$6.9bil by the end of February, while disbursed capital was US$2.95bil, up 35.5% and 5.4%, respectively, compared to the same period last year.
However, within the US$6.9bil registered capital, new registrations decreased, while additional investments and capital investments through equity contributions and share purchases increased.
Specifically, there were 516 new investment projects, with total newly registered capital reaching nearly US$2.2bil, a 10% increase in the number of projects but a 48.4% decrease in capital compared to the same period last year.
A total of 256 projects have had their capital adjusted, with additional registered capital of nearly US$4.2bil.
Furthermore, this represents an increase of 42.2% in the number of projects, while the adjusted capital is more than seven times the amount over the same period last year.
Meanwhile 553 transactions of equity contributions and share purchases contributed nearly US$530mil in capital, a 26.3% decrease in the number of transactions but an 89% increase in capital compared to the first two months of last year. — Viet Nam News/ANN
