Hanoi ranked the first in attracting FDI in two first months of 2016
In the first two months of 2016, the captital of Hanoi remained the most attractive investment destination for foreign investors. The city attracted 242.4 million USD in foreign direct investment (FDI) accounting for 12.7% of FDI registered in Vietnam.
According to the General Statistics Office (GSO), during the first two months of this year, Vietnam attracted the total capital of more than 2.8 billion USD in foreign direct investment (FDI), up 135% over the same period of last year.
Of which, over 1.9 billion USD came from 291 newly-licensed projects, increasing 96.6% in the number of projects and 167.5% in the level of capital. Besides, another 137 operating projects, that expanded their investments, added 898.3 million USD.
In January-February, disbursements of FDI was estimated at 1.5 billion USD, reaching a yearly rise of 15.4%, according to the statistics of GSO.
With the capital of 1.99 billion USD, the manufacturing and processing sector accounted for over 71% of the total FDI registered in Vietnam. This was followed by the entertainment industry, with 210.6 million USD.
Singapore continued its position as the Vietnam's largest investor, with 435.2 million USD, accouting for 22.8% of the country's total new registered FDI in the reviewed period.
Followings were Malaysia with 233.2 million USD or 12.2%; the Republic of Korea (202.4 million USD or 10.6%); and Japan (160.6 million USD or 8.4%).
The other big foreign investors were Hong Kong, mainland China, the United Kingdom and Taiwan.
In the two first months of this year, the capital of Hanoi lured 242.4 million USD in foreign investments, making 12.7% of FDI registered in Vietnam. Hanoi remained the most attractive locality for foreign investors.
The northern provinces of Bac Giang and Bac Ninh came in second and third with 206.1 million USD or 10.8%, and 200.6 million USD or 10.5%, respectively.
They were followed by Ba Ria-Vung Tau province with 157.1 million USD; HCM City (156 million USD); Dong Nai province (143 million USD) and Ha Tinh province (139 million USD).
Of which, over 1.9 billion USD came from 291 newly-licensed projects, increasing 96.6% in the number of projects and 167.5% in the level of capital. Besides, another 137 operating projects, that expanded their investments, added 898.3 million USD.
In January-February, disbursements of FDI was estimated at 1.5 billion USD, reaching a yearly rise of 15.4%, according to the statistics of GSO.
Hanoi remained the most attractive locality for foreign investors in the first two months of 2016.
|
Singapore continued its position as the Vietnam's largest investor, with 435.2 million USD, accouting for 22.8% of the country's total new registered FDI in the reviewed period.
Followings were Malaysia with 233.2 million USD or 12.2%; the Republic of Korea (202.4 million USD or 10.6%); and Japan (160.6 million USD or 8.4%).
The other big foreign investors were Hong Kong, mainland China, the United Kingdom and Taiwan.
In the two first months of this year, the capital of Hanoi lured 242.4 million USD in foreign investments, making 12.7% of FDI registered in Vietnam. Hanoi remained the most attractive locality for foreign investors.
The northern provinces of Bac Giang and Bac Ninh came in second and third with 206.1 million USD or 10.8%, and 200.6 million USD or 10.5%, respectively.
They were followed by Ba Ria-Vung Tau province with 157.1 million USD; HCM City (156 million USD); Dong Nai province (143 million USD) and Ha Tinh province (139 million USD).
14:43, 2024/11/18
Aircraft manufacturer Embraer seeks comprehensive aviation partnership with Vietnam
The Vietnamese leader urges the aircraft manufacturer to collaborate on technology transfer, airport construction and operation, research, and investment in Vietnam.
21:55, 2024/10/22
Better links with FDI firms to support Hanoi businesses
Hanoi will continue to focus on quality projects, especially with partners such as Japan, the United States, and Europe to boost technology transfer.
15:24, 2024/09/24
Vietnam calls for more US investment in innovation, hi-tech
The Vietnamese leader called on relevant agencies to resolve any challenges faced by investors and enhance the investment climate to encourage greater US investment in Vietnam.
14:13, 2024/09/23
Vietnamese leader urges Boeing to build production facility in Vietnam
Boeing is committed to continuing to support the development of Vietnam's aviation ecosystem, focusing on aviation infrastructure, human resources training, airport construction, and aircraft maintenance facilities.
14:38, 2024/09/17
Foreign capital pouring into Vietnam's real estate market
Experts are optimistic that the 2024 Land Law, once enacted, will help resolve legal bottlenecks and attract more FDI.
16:27, 2024/08/24
Vietnam news in brief - August 24
Read The Hanoi Times to stay up to date on developments in Vietnam.
- Growing number of FDI firms moving to Vietnam
- Vietnam Gov’t committed to facilitating Adani Group’s US$2-billion port project
- Vietnam Railway proposes US$87 million for Hanoi–Dong Dang railway upgrade
- Vietnam’s North-South high-speed railway to be designed for 350km/h
- Vietnamese gov’t urged to address impact of global minimum tax
- Samsung plans drastic investment increase in Vietnam over next three years