Disbursement of FDI in the first half of the year reached $10.02 billion, a year-on-year increase of 0.5 per cent, according to the Foreign Investment Agency (FIA) at the Ministry of Planning and Investment.
The increase was slight but still positive amid a global economy facing ongoing difficulties and challenges. Resolute measures from the government and the Prime Minister have proven effective in helping remove difficulties facing businesses, according to the ministry.
However, FDI attraction was still down during the period. FIA figures show that, as of June 20, total registered foreign investment, including newly-registered capital, additional capital, and capital contributions and share purchases by foreign investors, stood at $13.43 billion, down 4.3 per cent year-on-year.
Of this, 1,293 newly-licensed FDI projects had capital of more than $6.49 billion, a year-on-year rise of 71.9 per cent in project numbers and 31.3 per cent in capital.
Projects with a scale of under $1 million accounted for 70.4 per cent of new projects.
Investment was focused on localities with good infrastructure, stable human resources, results in administrative reform, and dynamic investment promotion, such as Hanoi, Ho Chi Minh City, Bac Giang, Binh Duong, Hai Phong, Bac Ninh, and Dong Nai.
Singapore still led among foreign investors in Vietnam, with total capital of more than $3 billion, or 22.3 per cent of the total, followed by Japan with $2.21 billion.
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