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Outbound investment records surge in first four months

VGP - Vietnamese firms invested US$545.9 million in overseas projects in the first four months of 2021, marking a 7.9-fold increase compared to the same period from last year.

05/11/2021 18:07

Throughout the reviewed period, there were 18 newly-licensed projects with total registered capital of US$142.8 million, while US$403.2 million was added to the existing projects, up nearly 26 times from last year’s corresponding period.

A major part of the outbound investment capital – US$270.8 million – was pumped into science-technology projects, accounting for 19.6% of the total figure, followed by wholesale and retails with US$147.8 million.

The U.S. was the top destination for Vietnamese capital with US$302.3 million, holding a lion’s share of 55.4%. Cambodia came second with US$89.1 million, followed by France, Canada, Germany and the Netherlands.

As of April 20, the total amount of foreign investment poured into the country, including newly registered and adjusted capital, along with shares purchased by foreign investors, had reached US$12.25 billion, representing an annual fall of 0.7 percent.

Of the figure, 451 new projects were licensed with registered capital of US$8.46 billion, a decline of 54.2 percent on-year in terms of the number of projects and a rise of 24.7 percent in capital volume.

FDI disbursement during the first four months reached approximately US$5.5 billion, an increase of 6.8 percent against the same period from last year.

By Hoang Ha