Singapore tops the largest investors in Vietnam in January
In the month, 24 countries and territories poured their capital to invest in Vietnam. Singapore led the top biggest investors with the total newly-registered and additional capital of 295.47 million USD, accounting for 22.1% of the country`s total investment.
Foreign Investment Agency under the Ministry of Planning and Investment said that in January, Vietnam attracted more than 1.3 billion USD in newly-registered and additional capital from foreign direct investment (FDI) projects, up 101.2% compared to the same period last year.
As of January 20, the country granted new investment licences to 127 projects with the total capital reaching over 1 billion USD, rising 157.9% against the same period a year ago. In addition, 56 projects was registered to add their capital worth 323.4 million USD, up 19.2%.
According to the General Department of Statistics, in January, the country's export turnover reached 13.8 billion USD, up 0.5% againt the previous month. Of which, foreign investment sector gained 9.7 billion USD, up 4.8% compared with last month.
The phone and the device still made a large contribution to 2.5 billion USD, up 44.7% from the previous month, electronics, computers and components reached 1.4 billion USD, up 7.1%. Some fields witnessed a decrease in exports against the previous month including wood and wood products (20.5%), textiles (9.4%), footwear (5.2%) and crude oil (40%).
On the export markets, the United States remains the largest destination of Vietnam in January with a turnover estimated at 3.1 billion USD, up 17.3% compared to the same period in 2015.
In the month, the disbursement of FDI projects is estimated to reach 800 million USD, a year-on-year increase of 23.1%.
In January, 24 countries and territories poured their capital to invest in Vietnam. Singapore led the top biggest investors with the total newly-registered and additional capital of 295.47 million USD, accounting for 22.1% of the total investment in the country.
Malaysia and China ranked the second and third with 243.57 million USD and 179.51 million USD respectively, making up 18.2% and 13.4% of the total investment in the country.
Hanoi was the most attractive locality with 15 newly-licensed projects and seven registered to add their capital, reaching 243.51 million USD.
The runner-ups were southern Dong Nai province and HCM City with a respective total newly-registered and additional capital of 183 million USD and 163.43 million USD.
As of January 20, the country granted new investment licences to 127 projects with the total capital reaching over 1 billion USD, rising 157.9% against the same period a year ago. In addition, 56 projects was registered to add their capital worth 323.4 million USD, up 19.2%.
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The phone and the device still made a large contribution to 2.5 billion USD, up 44.7% from the previous month, electronics, computers and components reached 1.4 billion USD, up 7.1%. Some fields witnessed a decrease in exports against the previous month including wood and wood products (20.5%), textiles (9.4%), footwear (5.2%) and crude oil (40%).
On the export markets, the United States remains the largest destination of Vietnam in January with a turnover estimated at 3.1 billion USD, up 17.3% compared to the same period in 2015.
In the month, the disbursement of FDI projects is estimated to reach 800 million USD, a year-on-year increase of 23.1%.
In January, 24 countries and territories poured their capital to invest in Vietnam. Singapore led the top biggest investors with the total newly-registered and additional capital of 295.47 million USD, accounting for 22.1% of the total investment in the country.
Malaysia and China ranked the second and third with 243.57 million USD and 179.51 million USD respectively, making up 18.2% and 13.4% of the total investment in the country.
Hanoi was the most attractive locality with 15 newly-licensed projects and seven registered to add their capital, reaching 243.51 million USD.
The runner-ups were southern Dong Nai province and HCM City with a respective total newly-registered and additional capital of 183 million USD and 163.43 million USD.
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