FDI over past 7 months rises by 5.8%

In the first seven months of the year, total newly registered and supplemented capital, as well as capital contribution and share purchases was over US$21.93 billion, up 52% from the same period last year.

The capital was earmarked for 18 sectors, with the processing-manufacturing industry attracting the most, at US$10.38 billion. Electricity production and mining followed with US$5.25 billion and US$1.28 billion, respectively.

Registering US$5.62 billion in total investment in Vietnam during the period, the Republic of Korea (RoK) topped the list of foreign investors, ahead of Japan with US$5.46 billion.

With registered foreign capital for the period amounting to US$3.06 billion, Thanh Hoa was where most of the investment landed.

The figures for the second and third placed provinces, Bac Ninh and Nam Dinh, were US$2.95 billion and US$2.2 billion, respectively.

(Source: NDO)