Three-month FDI rises impressively by 18.5%: Investment Agency

Update: 14:00 | 29/03/2021
As of March 20, Viet Nam has attracted US$10.13 billion worth of foreign direct investment capital, an increase of 18.5% compared to the same period of 2020, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
Three-month FDI rises impressively by 18.5%: Investment Agency
The FDI business sector has constantly enjoyed impressive capital attraction and export growth in the first three months of 2021. (Photo: VNA)

Of the total, US$7.2 billion came from 234 newly-licensed projects, up 30.6% in terms of the value but down 69.1% in the number of projects.

About 161 operational projects registered to increase their capital by an additional US$2.1 billion, down 31.8% in project numbers but up 97.4% in capital value.

About US$4.1 billion worth of FDI capital has been disbursed, up 6.5% from a year earlier.

The FIA reported that investors poured their investment into 17 areas, of which the manufacturing and processing industries took the lead, attracting nearly US$5 billion.

The reviewed period saw 56 countries and territories funnel investment into Viet Nam. Singapore was the biggest foreign investor with nearly US$4.6 billion, followed by Japan with US$2.1 billion, and the Republic of Korea with US$1.2 billion.

The FDI business sector has continued to enjoy impressive export growth in the first three months of the year, raking in US$58.59 billion (including crude oil), representing an increase of 27.5% year on year and accounting for 76.4% of the country’s total export value.

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(Source: VOV)