Hong Kong becomes biggest foreign investor in VN
VGP - Hong Kong (China) topped the list of 95 countries and territories investing in Viet Nam in the January-June period, with a total investment of US$ 5.3 billion, making up 28.7% of the new foreign direct investment (FDI) inflows into the country.
June 28, 2019 6:23 PM GMT+7
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Hong Kong remains biggest foreign investor in VN |
This number includes newly registered capital, capital contributed and shares purchased by foreign investors.
China and the Republic of Korea ranked second and third, with US$ 2.73 billion and US$2.29 billion, respectively accounting for 14.8% and 12.4% of the total FDI capital poured into Viet Nam in the period.
In the reviewed period, the country granted investment licences to 1,723 new projects with a total registered capital of US$7.41 billion, equivalent to 62.8% over the same period of 2018.
As many as 628 projects registered to increase capital with a combined additional capital of US$ 2.94 billion, equal to 66.2% year on year.
Meanwhile, the value of capital contribution and share purchases by foreign investors reached US$ 8.12 billion, up 98.1% compared to the same period last year, accounting for nearly 44% of the total registered capital.
Foreign investors poured their money into 19 sectors, of which the manufacturing and processing industry remained the biggest recipient with US$ 13.15 billion, equivalent to 71.2% of the total registered value.
It was followed by the real estate and retail & wholesale sectors, with respective registered capital of US$ 1.32 billion and US$1.05 billion.
FDI projects were estimated to have disbursed US$ 9.1 billion in the first six months of this year, up 9.8%.
By Hoang Ha
