The figure includes newly-registered capital, additional capital injected into existing projects, and foreign investors’ capital contributions and share purchases.
As of May 31, Vietnam had licensed 1,576 new FDI projects with a combined registered capital of 14.84 billion USD, rising 1.7% in project number and 2.1-fold in value compared to the same period last year.
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A worker checks electronic components at a factory of the RoK-invested MCNEX VINA Co., Ltd. in the Phuc Son Industrial Park, Ninh Binh province. |
The processing and manufacturing sector remained the largest recipient of new projects, drawing 9.64 billion USD, or 65% of the registered capital. The value reached 2.45 billion USD in the production and distribution of electricity, gas, water, and air conditioners, equivalent to 16.5%; and 2.75 billion USD in the remaining sectors, 18.5%.
Among 58 countries and territories with newly-licensed investments in Vietnam, Singapore was the largest with 6.8 billion USD, accounting for 45.9% of the total, followed by the Republic of Korea with 4.22 billion USD (27.4%) and China with 1.79 billion USD (12.1%).
Meanwhile, 415 existing projects registered an additional 5.78 billion USD in capital, down 32.1% from a year earlier.
Combining capital channeled into new and existing projects, the value amounted to 14.52 billion USD in the manufacturing and processing industry, representing 70.4%. About 2.45 billion USD, 11.9%, was registered for the production and distribution of electricity, gas, water, and air conditioners. The remainders attracted 3.65 billion USD, or 17.7%.
During the reviewed period, foreign investors contributed 4.19 billion USD through share purchases and capital contributions, up 46.7% from a year earlier. That includes 1.9 billion USD invested in wholesale and retail, along with automobile and motorcycle repair, equivalent to 45.4%; 1.16 billion USD in specialized and sci-tech activities, 27.7%; and 1.13 billion USD in the remainders, 26.9%.
Notably, disbursed FDI reached an estimated 9.75 billion USD in the January–May period, up 9.6% year-on-year and also the highest five-month figure recorded in the past five years. Of the total, 8.06 billion USD, or 82.7%, was disbursed in processing and manufacturing; 716.5 million USD, or 7.3%, in real estate; and 356.6 million USD, 3.7%, in the production and distribution of electricity, fuel gas, water, steam, and air conditioners, according to the office.
Source: VNA