FDI capital into Vietnam makes new record

SGGP
Registered foreign direct investment capital in the first quarter of this year hit a three-year high with US$10.8 billion, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

Duong River Surface Water Plant project in Hanoi receives investment from Germany. (Photo: SGGP)

Duong River Surface Water Plant project in Hanoi receives investment from Germany. (Photo: SGGP)

Hanoi attracted most FDI capital with more than $4.15 billion, followed by Ho Chi Minh City and Binh Duong Province.
In the first quarter of this year, FDI projects were estimated to have disbursed $4.12 billion, up 6.2 percent compared to the same period last year. Industrial manufacturing and processing lured the highest FDI. Real estate and science and technology sectors ranked second and third respectively.
Earlier, FDI attraction in the first two months of this year was up to $8.47 billion, 2.5 times higher than the same period last year. However, capital structure shows that growth comes from indirect investment capital. Capital disbursement slightly edged up, hitting $4.1 billion, an increase of 5.7 percent year-on-year.


By Anh Phuong – Translated by Thuy Doan

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