Staff at a garment manufacturing unit in Ho Chi Minh Metropolis in 2021. Photograph by VnExpress/An Phuong
Singapore topped the international traders’ listing with greater than $1.7 billion, up 59.3 % year-on-year within the within the first two months of this yr.
It was adopted by South Korea with over $1.4 billion, down 12 %, and China with practically $538 million, down 29.3 %, in line with the International Funding Company (FIA) underneath the Ministry of Planning and Funding.
As of Feb. 20, 51 nations and territories had pledged to speculate a complete quantity of $5 billion within the nation; 91.5 % of the identical interval final yr.
FDI disbursement within the first two months rose 7.2 % in opposition to final yr to $2.7 billion, the FIA stated.
The investments within the first two months this yr had gone into 17 industries, with the processing and manufacturing trade dominating with an consumption of over $3.13 billion, or practically 63 % of the full registered capital.
The actual property phase ranked second with a complete capital of greater than $1.5 billion, making up greater than 30 % of the full.
Amongst large-scale FDI initiatives registered within the first two months are one to construct city service infrastructure for the Vietnam Singapore Industrial Park within the northern province of Bac Ninh, which attracted an extra capital of $941 million, and the Samsung Electro-mechanics Vietnam Firm venture with an elevated funding capital of $920 million within the northern province of Thai Nguyen.
Ho Chi Minh Metropolis continues to guide in general FDI attraction with greater than $52.8 billion, accounting for 12.6 % of the full, adopted by its neighbor Binh Duong Province with practically $37.8 billion and Hanoi with practically $37.6 billion.