Viet Nam has attracted US$4.85 billion in foreign direct investment (FDI) in the first four months of the year, equivalent to 59 per cent of what it attracted during the same period last year.
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FDI levels slowed down, the country's FDI disbursement reached $4 billion during the January-April period, representing a year-on-year increase of 6.7 per cent.— Photo kktbinhdinh.vn |
The figure released by the Ministry of Planning and Investment's Foreign Investment Agency also showed that of the total, $3.32 billion went into 390 newly-licensed projects, while 140 existing projects added $1.62 billion to their capital.
The manufacturing and processing sectors took the lead in attracting FDI with 204 new projects at $3.6 billion, accounting for 74.3 per cent of the total.
The real estate sector ranked second with seven projects with a total investment of $392.3 million, accounting for 8.1 per cent share, followed by the construction sector with $237 million (4.9 per cent) and health care and social support sector ($225.93 million).
While FDI levels slowed down, the country's FDI disbursement reached $4 billion during the January-April period, representing a year-on-year increase of 6.7 per cent.
Of the 36 countries and territories investing in Viet Nam in this period, South Korea was the largest investor, with both newly-registered and additional capital totalling $1.12 billion, followed by Japan and Singapore with $531 and $479.1 million, respectively.
The southern Province of Binh Duong topped the list of FDI destinations, attracting $792.9 million, accounting for 16.3 per cent of the country's total, followed by HCM City ($749.1 million) and Dong Nai ($537.8 million).
The Thang Long Cement Factory with investments made by Indonesia in the northeastern Quang Ninh Province has been the largest FDI project so far this year, with a total registered capital of $352.6 million. It was followed by the Dai An Viet Nam - Canada hospital project worth $225 million in northern Hai Duong Province./.