FDI disbursement hits record high 15:57 | 30/11/2015 ( 08:58 | 03/12/2015 )
VGP - Disbursement of foreign direct investment (FDI) in Viet Nam fetched an estimated US$13.2
The FIA reported that FDI disbursement rose 17.9% against the same period last year.
Statistics showed that the amount of FDI disbursement only fluctuated US$11-12 billion in recent years and fetched US$12.5 billion last year.
In the January-November period, 1,855 projects were licensed, posting a year-on-year surge of 30%. Meanwhile, 692 projects got additional capital, up 34.4%. Total registered and additional capital valued US$20.22 billion, up 16.7% against the same period last year.
The manufacturing and processing sector lured the largest share of FDI with US$12.93 billion or 64% of the nation's FDI. The production and distribution of electricity, gas, hot water, steam and air conditioners came second with US$2.78 billion or 13.7%, while real estate trading ranked third with US$2.33 billion or 11.5%.
HCMCityremained the most attractive destination to foreign investors as it absorbed more than US$2.54 billion, making up 18.8% of total FDI registered in the country.
It was followed by Tra Vinh province with US$2.52 billion or 18.6%, Dong Nai province with US$1.46 billion or 10.8%, Binh Duong province with US$1.18 billion or 8.8% and the capital city with US$813 million or 6%.
In the reviewed period, the Republic of Korea was Viet Nam's largest FDI provider with over US$2.5 billion, accounting for18.6% of the country's total new FDI, followed by Malaysia with over US$2.4 billion, the United Kingdom with US$1.3 billion, and Japan with US$1.26 billio, and Taiwan (China) with US$911 million./.