Vietnam attracts over US$2billion in FDI in January

Total registered capital decreased sharply over the same period in 2020, as Bac Lieu liquefied natural gas (LNG) power project with its size of US$4 billion was granted the investment registration certificate.

If this project was not included, total registered investment capital in January 2021 would have increased 51.7 percent over the same period last year. Of which, registered capital of new projects reached more than US$1.3 billion; while additional adjusted capital reached more than US$ 472 million.

In addition, capital contributions and shares purchases by foreign investors stood at US$ 220.8 million.

Foreign investors pumped capital into 14 sectors in the period, with processing and manufacturing in the lead at nearly US$ 1.54 billion, representing 76.4 percent of the total.

Real estate ranked second with nearly US$ 179 million, followed by transportation and warehousing and agro-forestry-fisheries with US$ 111.9 million and US$ 60.4 million, respectively.

In particular, the realized capital of FDI projects in January was estimated at US$ 1.51 billion, up 4.1 percent over the same period last year.

(Source: NDO)