(13th Congress) – Foreign investors poured capital into 17 sectors, in which the processing and manufacturing sector took the lead with a total investment capital of nearly 5 billion USD, accounting for 49.6%, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).
Processing-manufacturing absorbs most FID capital in first quarter. (Photo: nhadautu.vn)
Power production and distribution came second with 3.9 billion USD (38.9%), followed by real estate with 600 million USD, and science-technology with nearly 167 million USD.
FIA said that as of March 20, newly-registered capital, adjusted capital and capital contributions and shares purchases by foreign investors totaled 10.13 billion USD, a year-on-year rise of 18.5%.
Specifically, investment licences were granted to 234 new projects with total registered capital of 7.2 billion USD, rising 30.6% against the same period last year.
Meanwhile, 161 existing projects added 2.1 billion USD to their investment capital, a surge of 97.4 percent compared to the same time last year.
On the contrary, capital contributions and shares purchases by foreign investors were down 58.8 percent to stand at 805.3 million USD.
Among 56 countries and territories investing in Vietnam in the first quarter, Singapore took the lead with 4.6 billion USD, accounting for 45.6%. It was followed by Japan with 2.1 billion USD (20.8%), the Republic of Korea with nearly 1.2 billion USD (11.8%) and China, Hong Kong (China) and the US.
Among 47 provinces and cities invested by foreign investors, Long An absorbed the most FDI capital in the three months with 3.2 billion USD, making up 32.1%. Can Tho ranked second with nearly 1.3 billion USD (13.1%) and Hai Phong came third with 946 million USD (9.4%)./.
BTA