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Jan-May FDI increases almost 140%

Released at: 07:07, 27/05/2016

Jan-May FDI increases almost 140%

Phot: Thanh Duc

Hanoi attracts most FDI in first five months.

by Nhi Linh

In the first five months of the year total newly-registered and additional foreign direct investment (FDI) stood at $10.159 billion, a 136.4 per cent increase year-on-year, according to the Ministry of Planning and Investment.

Foreign investors invested in 19 sectors, with processing and manufacturing attracting the most, at 398 newly-registered projects and total newly-registered and additional capital of $6.61 billion, accounting for 65.1 per cent of the total.

Information and communications ranked second, with 67 newly-registered projects and total newly-registered and additional capital of $1.3 billion, accounting 12.8 per cent of the total.

Real estate was third, with $542.8 million, or 5.3 per cent of the total.

Of the 60 countries and territories investing in Vietnam, South Korea led the way with newly-registered and additional capital of $3.42 billion, accounting for 33.7 per cent.

With major projects of up to $1.248 billion, Luxembourg ranked second, accounting for 12.3 per cent, followed by Singapore with $907.1 million, or 8.9 per cent.

Hanoi attracted the most FDI, with 139 newly-registered projects and total capital of $1.96 billion, accounting 19.3 per cent, followed by Hai Phong and Dong Nai.

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