FDI disbursement in January-April period reaches five-year record


Foreign direct investment (FDI) disbursed in Vietnam is estimated at $6.28 billion between January and April, up 7.4% year-on-year, the highest four-month amount in the past five years, reported the General Statistics Office.

The processing-manufacturing sector saw the largest amount at $4.93 billion , accounting for 78.5% of the total FDI disbursed in the country in the period.

It was followed by real estate business at $607.6 million, and production and distribution of electricity, gas, hot water, steam and air conditioning at $259.8 million.

As of April 20, total FDI inflows in Vietnam had reached nearly $9.27 billion, a year-on-year rise of 4.5%.

Of the total, $7.11 billion was poured into 966 new projects, an increase of 28.8% in the number of projects and 73.2% in the capital amount.

Processing-manufacturing led the newly-registered FDI capital at nearly $5 billion, followed by real estate at $1.6 billion.

Among the 50 countries and territories with newly-licenced projects in Vietnam in the first four months of this year, Singapore was the biggest with $2.59 billion, making up 36.4% of the total.

Hong Kong came second with $898.6 million, while Japan took the third position at $814.1 million.

At the same time, $1.23 billion was added into 345 underway projects, a drop of 25.6% year on year.

Meanwhile, foreign investors also poured $929.6 million into 902 capital contribution and share purchase deals in the January-April period.

In the first four months of this year, Vietnamese investors invested $98.3 million in 36 new projects abroad, down 29.8% year on year, along with $580,000 in three operating projects.

The Netherlands received the highest Vietnamese investment capital among the 14 countries and territories hosting Vietnamese-invested projects, with $54.6 million.

Source: VnExpress