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

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.

FDI firms enjoy 5.5 billion USD in trade surplus in two months
Foreign direct investment spurs economic growth in Viet Nam
Da Nang posts auspicious early signs in FDI attraction
FDI hits 2.02 billion USD in January 2021: Ministry of Planning and Investment
Ho Chi Minh City attracts additional investments into industrial parks
(Source: VOV)

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