FDI capital into projects still posts increase

SGGP
Since the beginning of this year, the total foreign direct investment (FDI) capital pumped into Vietnam merely accounted for 84.5 percent of that in the same period last year.
Particularly, by April 20, the total newly-registered, additional capital, and capital contribution for share purchasing of foreign investors reached US$12.33 billion, accounting for 84.5 percent of that in the same period last year. The disbursed capital was at $5.15 billion, accounting for 90.4 percent of that in the same period last year. The newly-registered and additional capital increased compared to the same period last year, but the capital contribution for share purchasing dropped sharply, causing a decrease in the total FDI capital.

In the first four months of this year, 984 new projects were licensed with total registered capital of $6.78 billion, down 9.1 percent in volume but up 26.9 percent in value compared to the same period last year.

The registered capital increased thanks to the Bac Lieu LNG-fired thermal power plant project with a registered capital of $4 billion, accounting for 59 percent of newly-registered capital.

Besides, there were 335 times of projects asking to increase their investment capital for an additional capital of more than $3 billion, up about 45 percent year-on-year.
Capital contribution and purchase of shares of foreign investors increased in volume but decreased in value.

Regarding the field of investment, FDI enterprises still focused investing in the processing and manufacturing industry with nearly $6 billion, accounting for 48 percent of total investment capital; power generation and distribution with $3.9 billion, accounting for nearly 32 percent; wholesale and retail sector with $776 million; real estate sector with $665 million.

Singapore was the largest investor with more than $5 billion, accounting 41 percent. Thailand ranked second with $1.46 billion, accounting for 11.8 percent.

By Anh Thu, Che Han – Translated by Thuy Doan

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