FDI disbursement hits over US$1 bln in two months

10:02, 27/02/2013

About US$1.05 billion in foreign direct investment (FDI) has been disbursed over the past two months, a year-on-year increase of 5 percent.

About US$1.05 billion in foreign direct investment (FDI) has been disbursed over the past two months, a year-on-year increase of 5 percent.

The figures were released by the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment (MPI).

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As of February 20, total registered capital of the newly licensed FDI projects reached US$532 million, equivalent to 46.1 percent of the same period last year.

In addition, 31 operational FDI projects registered to increase their exsiting capital by US$98.3 million, equivalent to 19.7 percent compared to February 2012.

The processing and manufacturing industries ranked first, attracting a total of US$408.9 million in newly licensed and added capital, accounting for 64.9 percent of the country’s two-month total.

The healthcare sector came second with US$80 million and the real estate sector was placed third with US$50.2 million.

FDI enterprises recorded an export surplus of US$2.96 billion, contributing to the country’s trade surplus of US$1.67 billion.

Japan topped the list of foreign investors in Vietnam in the past two months with US$258 million poured in various industries. Then came Taiwan (US$81.4 million) and Singapore (US$56 million).

Dong Nai province attracted the largest FDI investment (US$214.35 million), followed by Binh Duong (US$143.9 million) and Haiphong (US$ 118 million).

Some big licensed projects included Terumo BCT Vietnam (valued at US$98 million), Shink Mark hospital (US$80 million), and Pruksa Vietnam (US$50 million).

(Source: VOV)