FDI disbursement in Jan-Jun reaches $5.4b

The Foreign Investment Agency, under Ministry of Planning and Investment yesterday officially released the foreign investment report in the first half of this year with positive results in both fields of FDI disbursement and capital attraction.

In details, the FDI disbursement in June only increased by $900 million, raising this figure in the first six months of this year to $5.4 billion up about 6 percent year-on-year. Therefore, Vietnam’s monthly FDI disbursement from the beginning of this year up to now was estimated at about $900 million at average.

In June, there were 78 new FDI projects to be issued investment licenses with total registered investment capital of over $800 million, raising the total amount of licensed FDI projects in the last six months to 438 projects with committed investment capital of over $7.9 billion.

However, in June, only 14 projects were registered to increase investment capital with additional investment capital of $122 million.
In general, there were 121 projects to be registered for raising investment capital with total additional amount of $525 million, equal to 59 percent in volume and about 11 percent in value in comparison with the same period of last year.

In the first half of this year, the foreign investors have already registered to invest $8.43 billion in projects in Vietnam so far or equaling to 81 percent year-on-year

Production of foreign invested enterprises (FIEs) also showed impressive recovery. Exports of FIEs including crude oil in the first six months of this year was estimated at $17.2 billion, rising by 26.2 percent over last year. If excluding crude oil, the export turnover of FIEs was reported at $14.6 billion, soaring by 39.5 percent.

Impost spending of FIEs reached $16.1 billion in Jan-June, jumping approximately 49 percent from the same period of last year. Thus, the trade surplus of FIEs in the first half of this year was over $1 billion. However, if excluding crude oil, the FIEs reported a trade deficit of about $1.5 billion.

Tags: invest in Vietnam, Vietnam FDI, Vietnam investment