The FDI disbursement volume in the first two months has reached US $1.15 billion, or a year-on-year increase of 4.5%, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment (MoPI).
The FIA reported that up to Feb. 23 this year, Viet Nam was the home to 93 new licensed projects with the total registered capital of US $1.47 billion and 14 others adding investment with US $86 million.
The processing and manufacturing industries ranked first with 39 new registered projects worth US $1.2 billion, followed by construction with 12 new projects worth US $71.7 million, then retail and wholesale trade, US $48.8 million.
In the reviewed period, Singapore is the biggest foreign investor in the country, with the registered investment capital of US $1.08 billion, followed by British Virgin Island with US $186 million, the Republic of Korea with US $89.9 million, and Malaysia, US $42.7 million.
Generally, southern provinces and cities attracted the bigger amount of foreign investment. Particularly, Ho Chi Minh City received US $1.1 billion of registered capital, Da Nang with US $180 million, Ba Ria-Vung Tau with US $ 81.4 million, and Dong Nai, US $47.2 million.
Also in the period, the FDI sector gained an export value of US $6.98 billion, a yearly growth of 40.1% and accounting for 56.6% of the national total export turnover.
On the other hand, the sector imported US $5.93 billion of goods, a year-on-year increase of 31.9%./.