Realized FDI in Q1 hits five-year high
VGP - Disbursed volume of foreign direct investment (FDI) in Viet Nam in the first quarter of this year was estimated at US$5.41 billion, a year-on-year increase of 9.1 percent, the highest level during the 2022–2026 period.
During January-March, FDI inflows into Viet Nam showed a strong recovery, reaching US$15.2 billion, up 42.9 percent compared to the same period last year, reported the National Statistics Office.
Specifically, Viet Nam licensed 904 new projects with total registered capital of US$10.23 billion, up 6.4 percent in the number of projects and 2.4 times higher in capital volume.
During the reviewed period, foreign investors increased investment capital of US$2.3 billion in 251 existing projects.
The manufacturing and processing sector took the lead by luring US$8.85 billion, accounting for 70.6 percent of the total FDI volume, followed by electricity, gas, water supply, and air conditioning, with US$2.28 billion.
Capital contributions and share purchases by foreign investors totaled 703 transactions, with a combined value of US$2.66 billion, 2.3 times higher than the same period last year.
Among 52 countries and territories investing in the country, Singapore emerged as the largest investor with US$5.32 billion, accounting for 52 percent, followed by South Korea with US$3.68 billion, making up 35.9 percent, and China with US$417.5 million.
Viet Nam's total outbound investment reached US$619.9 million, 2.6 times higher year-on-year.
A total of 28 countries and territories received investment from Viet Nam, of which Laos was the largest recipient with US$176.7 million, accounting for 28.5 percent, followed by Kyrgyzstan with US$149.9 million and the United Kingdom with US$82.8 million./.
