Hanoi ranks second place in attracting in FDI after 6 months
Among the 53 localities, the northern port city of Hai Phong leaded among localities nationwide in drawing foreign direct investment (FDI). The capital city was the second most attractive destination for foreign investors with 1.63 billion USD, or 14.45% of the total FDI.
The Foreign Investment Agency (FIA) under the Ministry of Planning and Investment said that the total FDI registered in Vietnam in the first half of the year reached more than 11.2 billion USD, a significant growth of 105% against the same period last year.
Of the total, 7.5 billion USD came from 1,145 newly licensed projects, increasing by 95% in capital and 56% in the number of projects.
The remainder was contributed by 535 already-operating projects that had added their capital by more than 3.78 billion USD, or 129%, year-on-year.
Manufacturing and processing industries continued to be the top sector, receiving FDI of 8.06 billion USD, accounting for 71% of the total registered FDI. The manufacturing and processing sector attracted 488 newly registered projects and 405 existing projects raised their capital.
Following was the real estate sector, with 25 projects holding total capital of 604.8 million USD, comprising 5.3% of the total FDI. The science and technology sector took third place, with 562.3 million USD, or 5% of the total FDI.
During the reviewed time, disbursement of FDI surged to an estimated 7.25 billion USD, a year-on-year rise of 15%, according to the Foreign Investment Agency.
In the first six months of this year, 61 countries and territories invested in Vietnam. The Republic of Korea remained the leading investor, with 3.99 billion USD, 35% of the FDI pledged to the country.
Japan was the runner-up, with 1.22 billion USD, or 10% of the FDI. Singapore followed with 1.1 billion USD, accounting for another 10% of the total FDI.
Among the 53 localities, the northern port city of Hai Phong leaded among localities nationwide in drawing FDI. The city attracted 1.74 billion USD in FDI, comprising 15.4% of the total FDI registered in the country in the first half of the year. The city received a 1.5-billion-USD OLED display factory project from LG Display.
Hanoi was the second most attractive destination for foreign investors with 1.63 billion USD, or 14.45% of the total FDI.
The southern Binh Duong and Dong Nai provinces took the third and fourth places, with 1.07 billion USD and 928.9 USD million respectively.
Of the total, 7.5 billion USD came from 1,145 newly licensed projects, increasing by 95% in capital and 56% in the number of projects.
The remainder was contributed by 535 already-operating projects that had added their capital by more than 3.78 billion USD, or 129%, year-on-year.
Manufacturing and processing industries continued to be the top sector, receiving FDI of 8.06 billion USD, accounting for 71% of the total registered FDI. The manufacturing and processing sector attracted 488 newly registered projects and 405 existing projects raised their capital.
Following was the real estate sector, with 25 projects holding total capital of 604.8 million USD, comprising 5.3% of the total FDI. The science and technology sector took third place, with 562.3 million USD, or 5% of the total FDI.
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In the first six months of this year, 61 countries and territories invested in Vietnam. The Republic of Korea remained the leading investor, with 3.99 billion USD, 35% of the FDI pledged to the country.
Japan was the runner-up, with 1.22 billion USD, or 10% of the FDI. Singapore followed with 1.1 billion USD, accounting for another 10% of the total FDI.
Among the 53 localities, the northern port city of Hai Phong leaded among localities nationwide in drawing FDI. The city attracted 1.74 billion USD in FDI, comprising 15.4% of the total FDI registered in the country in the first half of the year. The city received a 1.5-billion-USD OLED display factory project from LG Display.
Hanoi was the second most attractive destination for foreign investors with 1.63 billion USD, or 14.45% of the total FDI.
The southern Binh Duong and Dong Nai provinces took the third and fourth places, with 1.07 billion USD and 928.9 USD million respectively.
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