New FDI inflows surge again

Notably, new investment capital inflows increased sharply again after a slight decrease in this year's first three months.

Specifically, Viet Nam licensed 750 new projects with a total registered capital of more than US$4.1 billion, an increase of 65.2 percent in the number of projects and a rise of 11.1 percent in the capital compared to the same period last year.

Foreign investors also added US$1.66 billion to existing projects, up 19.5 percent in the number of projects and down 68.6 percent in capital over the same period.

In addition, the total volume of capital contribution and share purchases by foreign investors totaled more than US$3.1 billion, up 1.8 percent in quantity and 70.4 percent in capital over the same period last year.

FDI investors have invested in 18 out of the nation's 21 economic sectors. The processing and manufacturing industry leads the way with more than US$5.1 billion, accounting for 57.8 percent of the total registered investment capital.

The finance and banking industry ranked second with more than US$1.5 billion, followed by real estate with nearly US$972 million.

In the first four months of the year, 77 countries and territories invested in Viet Nam, with Singapore taking the lead with a total investment of nearly US$2.2 billion. Japan ranked second with almost US$2 billion and China came third with almost US$752 million.

Regarding location, Ha Noi was the top recipient as it lured more than US$1.1 billion, followed by the northern province of Bac Giang with more than US$1 billion, and Ho Chi Minh City, Binh Duong, and Dong Nai./.