FDI disbursement in first half slightly increases
11:00 | 26/06/2014

VGP – The total Foreign Direct Investment (FDI) disbursement in the first half of 2014 reached US$5.75 billion, a year-on-year increase of 0.9%.

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The information was released by the Ministry of Planning and Investment on June 25. 

The total registered capital of foreign investors in Viet Nam hit US$6.85 billion over the past six months of the year, equal to 64.7% of the same period last year.

As of June 20, 656 projects have been licensed, valuing US$4.85 billion, equal to 93.2% of the same period last year.

Some 219 projects were added a total capital of US$1.99 billion, equal to 37%.

Processing and manufacturing remained the most attractive to foreign investors in the reviewed period with 326 projects, contributing US$4.8 billion to the total capital, accounting for 70.2%.

It was followed by construction with 58 new projects, worth US$456.4 million, accounting for 6.8% and real estate with 16 projects, totaling US$692.3 million, making up 10.1%.

The Republic of Korea was Viet Nam's biggest investor with nearly US$1.55 billion, accounting for 22.6%. Hong Kong, China, ranked second with US$1 billion, making up 14.7%. 
Japan came third, pouring US$806 million into three projects, accounting for 11.7%.

Ho Chi Minh City took the lead in attracting FDI in the period with US$886.3 million, followed by Binh Duong Province US$876.05 million and Dong Nai Province US$688.37 million.

The total export turnover of the FDI sector obtained US$47.82 billion, a year-on-year increase of 16.6% and accounting for 67.5%.

By Thuy Dung

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