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Viet Nam attracts more than 8 billionUS$ FDI in 4 months

DA NANG Today
Published: April 30, 2018

a total of more than 8 billion US$ worth of foreign direct investment (FDI) capital was registered for investment in Viet Nam in the first 4 months of this year, equivalent to 76.1% of the same period last year, according to an announcement by the Foreign Investment Agency (FIA), under the Ministry of Planning and Investment.

In the January-April period, 883 FDI projects were licensed with a total registered capital of US$3.55 billion
In the January-April period, 883 FDI projects were licensed with a total registered capital of 3.55 billion US$

As of 20 April, FDI capital totaling approximately 5.1 billion US$ worth had been disbursed, up 6.3% against the same period last year.

During the 4-month period, the FDI sector posted a total export revenue (including crude oil) of 53.48 billion US$, an increase of 18.9% over the corresponding period in 2017, accounting for 72.5% of Viet Nam’s total export revenue.

Meanwhile, the total import revenue of the FDI sector was estimated at 42.31 billion US$, up 9.3% over the same period last year, which accounts for nearly 60.1% of Viet Nam’s total import revenue.

In the January-April period, 883 FDI projects were licensed with a total registered capital of 3.55 billion US$, equivalent to 76.1% of the same period last year, while 303 currently operating projects registered to expand their capital, with the total supplemented capital amounting to 2.24 billion US$, equivalent to 51.5% of the same period in 2017.

In the first four months of this year, foreign investors have spent 2.26 billion US$ purchasing equity and contributing capital to projects, up 67% over the same period last year.

Investors from 82 countries and territories have invested in Viet Nam, with the Republic of Korea (RoK) ranking first in terms of investment capital on 2.32 billion US$, accounting for 28.7% of total foreign investment in Viet Nam. It was followed by Japan and Singapore.

(Source: NDO)

 

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