US$11.71 Bln of FDI Disbursed in Jan-May

11:16:57 AM | 6/10/2022

The total disbursed FDI fund reached US$11.71 billion in Vietnam in the first five months of this year, down 16.3% year on year, said the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

Specifically, 578 new FDI projects were licensed in the period with a total registered capital of nearly US$4.12 billion, and 395 existing FDI projects were registered to add over US$5.61 billion, together up 45.4% year on year. Foreign investors made 1,339 deals of equity purchases worth US$1.98 billion, up 51.6% year on year.

FDI enterprises invested in 18 industries out of a total of 21 economic sectors. The processing and manufacturing sector took the lead with over US$6.8 billion, accounting for 58.2% of the total. Real estate ranked second with nearly US$3 billion, accounting for 25.6%, followed by the information and communication sector with US$398 million and professional science and technology activities with nearly US$374.8 million.

As many as 79 countries and territories invested in Vietnam in the five-month period. Singapore was the biggest investor with nearly US$3 billion, accounting for 25.3% of the total in Vietnam, followed by South Korea with over US$2.06 billion (17.6%) and Denmark with nearly US$ 1.32 billion (11.3%).

As of May 20, 2022, foreign investment projects disbursed US$7.71 billion, up 7.8% year on year.

By Ha Linh, Vietnam Business Forum