Nearly 7 billion USD of FDI capital poured into Vietnam

According to newly released figures from the General Statistics Office, total foreign direct investment (FDI) reached 6,886.9 million USD, up 85% over the same period last year.

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Specifically, as of April 20, 2016, the country attracted 697 newly licensed projects with registered capital reaching 5,082.9 million USD, an increase of 55.6% in the number of projects and 89.9% in registered capital compared to the same period in 2015.

At the same time, 314 licensed projects from previous years registered to increase capital with the additional capital reaching 1,804 million USD.

Thus, the total registered capital of newly licensed projects and additional capital reached 6,886.9 million USD, up 85% over the same period last year. Foreign direct investment realized in the first 4 months of the year is estimated at 4.7 billion USD, up 12% over the same period in 2015.

The processing and manufacturing industry attracted the largest amount of foreign investment with registered capital reaching 5,246.6 million USD, accounting for 76.2% of the total registered capital. Next was professional, scientific and technological activities reaching 334.6 million USD, accounting for 4.9%; wholesale, retail, and auto and motorbike repair reaching 242.5 million USD, accounting for 3.5%. The remaining industries reached 1,063.2 million USD, accounting for 15.4%.

Hai Phong is the locality with the largest registered capital of 1,591.8 million USD, accounting for 31.3% of the total newly registered capital.

Hanoi ranked second with 595.5 million USD, accounting for 11.7%; Binh Duong 329 million USD, accounting for 6.5%; Bac Ninh 309.3 million USD, accounting for 6.1%; Dong Nai 268.9 million USD, accounting for 5.3%; Tien Giang 236.5 million USD, accounting for 4.7%; Ho Chi Minh City 222.6 million USD, accounting for 4.4%.

South Korea continued to be the largest investor with 2,480.4 million USD, accounting for 48.8% of the total newly registered capital. Next was Singapore with 502.1 million USD, accounting for 9.9%; Taiwan with 430.1 million USD, accounting for 8.5%; Japan with 307 million USD, accounting for 6%; Malaysia with 248.1 million USD, accounting for 4.9%; Hong Kong Special Administrative Region with 195.6 million USD, accounting for 3.8%; and China with 177.5 million USD, accounting for 3.5%.

According to NDH