The total inflows of foreign investment in Vietnam this year to May 20, including new and added investment and contributions for share purchases by foreign investors, reached nearly 10.86 billion USD, down 7.3% year-on-year, but up 10.6 percentage points as compared with the figure in the first four months of this year, the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment reported.
More than 5.26 billion USD is injected into 962 new projects in the five months. (Photo: baodautu.vn)
The total inflows of foreign investment in Vietnam this year to May 20, including new and added investment and contributions for share purchases by foreign investors, reached nearly 10.86 billion USD, down 7.3% year-on-year, but up 10.6 percentage points as compared with the figure in the first four months of this year, the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment reported.Nevertheless, 485 projects registered to adjust their investment with additional capital of nearly 2.28 billion USD, a drop of up to 59.4% from the corresponding time last year.
The processing and manufacturing sector was the largest recipient of FDI, with more than 6.64 billion USD, accounting for 61.2% of the total pledges, followed by finance-banking, real estate, and science-technology.
Illustrative image (Source: VNA)
Among the 82 countries and territories investing in Vietnam during the period, Singapore took the lead with over 2.53 billion USD, making up more than 23.3% of the accumulative figure.en.vietnamplus.vn