Wed, 27 Sep 2023

HANOI, 28th April, 2022 (WAM) -- Vietnam attracted over US$10.8 billion of foreign direct investment (FDI) in the first four months of this year, equivalent to 88.3 percent of the amount recorded in the same period last year, the Vietnam News Agency (VNA) quoted the Ministry of Planning and Investment (MPI) as saying on Thursday.

While a decrease of 56.3 percent was seen in the newly-registered capital to nearly US$3.7 billion, a respective surge of 92.5 percent and 74 percent was recorded in the investment injected into underway projects to nearly

US$5.29 billion, and capital contributions and share purchase deals to US$1,83 billion.

Notably, FDI disbursement in the January-April period reached US$5.92 billion, a year-on-year rise of 7.6 percent, reported the MPI.

Foreign investors invested in 18 out of 21 economic sectors, mostly in processing-manufacturing sector with US$6.2 billion, accounting for 57.2 percent of the total FDI. It was followed by real estate with US$2.8 million, and retail with US$667.8 million.

According to the MPI, so far this year, Vietnamese firms invested over US$327.72 million abroad, with 34 new projects worth over US$285.8 million, doubling that in the same period last year.

Currently, there are 1,549 underway Vietnamese-funded projects abroad with total investment of nearly US$21.55 million, mostly in mining, and agro-forestry and fisheries sector.

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