Vietnam: FDI Investments slightly rise in Jun-July
The Ministry of Planning and Investment reported that Vietnam's FDI inflows reached US$13.43 billion in the frst half of 2023,down 4.3 percent.
The aforesaid figure includes US $6.49 billion poured in 1,293 newly-licensed projects, up 31.13 percent in terms of capital and up 71.9 percent in terms of the number of projects.
A total number of 632 projects increased investment capital by US$2.93 billion, while the volume of capital contributions and share purchases by foreign investors rose by 76.8 percent to US $4 billion.
Singapore took the lead among nations and territories investing in Vietnam with over US $3 billion, making up more than 22.3 percent of the accumulative figure.
Japan and China came second and third with nearly US $2.21 bilion and some US $1.95 billion, respectively. They were followed by South Korea, Hong Kong.
The processing and manufacturing sector was the largest recipient of FDl, with more than US $8.46 billion, accounting for 63 percent of the total pledges, followed by finance-banking and real estate with US $1.53 bilion for each, and science-technology US$630.6 million.
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