Foreign investors have committed to investing US$5.5 billion in Viet Nam in the first five months, equal to 65.7% of the same period last year.
Foreign investors have committed to investing US$5.5 billion in Viet Nam in the first five months, equal to 65.7% of the same period last year.
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The total Foreign Direct Investment (FDI) disbursement in the period is estimated at US$4.6 billion, up 0.4%.
As of May 20, 500 new projects have been licensed with a total capital of US$3.7 billion, as much as 83% of the same period in 2013.
A total number of 167 projects were added with the capital of US$1.8 billion, equal to 46.4%.
The total included 254 newly-registered and additional projects in the processing and manufacturing industry with US$3.9 billion, accounting for 71.2% of the total.
The construction sector ranked second in attracting FDI with a total investment of US$463.2 million, making up 8.4%.
The real estate sector came in third, luring US$399.3 million in investment, accounting for 7.2%, followed by the health and social support sector with US$225.9 million.
A total number of 38 nations and territories have launched projects in Viet Nam.
The Republic of Korea took the lead with a total registered capital of US$1.3 billion, accounting for 24% of the total investment.
It was followed by Hong Kong with US$629.9 million, accounting for 11.4%, Japan with US$588.6 million, accounting for 10.7% and Singapore with US$513.4 million, accounting for 9.3%.
Binh Duong Province ranked first in attracting FDI with US$813.59 million, making up 14.8%.
It was closely followed by Ho Chi Minh City with US$775.62 million, accounting for 14.1% and Dong Nai Province with US$579.74 million.
The foreign invested sector continues to enjoy a trade surplus, with US$4.46 billion. Its export in the first five months reached US$39.5 billion, up 17.1% and its import was US$32.6 billion, up 11.4%.
(Source:VGP)
