Vietnam attracts over $13.4B in FDI in H1

By VNA   June 29, 2023 | 08:12 pm PT
Vietnam attracts over $13.4B in FDI in H1
A containership docks at Tan Cang - Cai Mep Terminal in Ba Ria – Vung Tau Province. Photo by VnExpress/Dang Khoa
Vietnam had attracted a total of $13.43 billion in foreign direct investment (FDI) from the beginning of this year to June 20, down 4.3% year-on-year, according to the General Statistics Office.

In the period, there were 1,293 newly-registered projects with a combined capital of $6.49 billion, up 71.9% in the number of projects and 31.3% in capital compared to the same period last year. The new projects were mainly in the fields of processing and manufacturing, and real estate business.

Meanwhile, $2.93 billion, down 57.1% year-on-year, was added to 632 existing projects.

The value of capital contribution and share purchase deals surged 76.8% to over $4 billion.

Among 57 nations and territories having new projects in Vietnam, Singapore was the largest investor, with $1.79 billion. It was followed by China $1.29 billion, and Japan $386 million.

In the first half of this year, $10.02 billion of FDI was disbursed, up 0.5% year-on-year.

Meanwhile, Vietnam invested nearly $320.6 million in 21 nations and territories in the period, down 7.3% year-on-year. Of the total, 147 million USD was poured into 60 new projects, down 51.2%, while $173.7 million was added to 16 underway ones, a year-on-year rise of 3.9 times.

Canada was the biggest receiver of Vietnamese investments, with $150.2 million, followed by Singapore $109 million, and Laos $26.3 million.

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