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Vietnam Today

FDI down, disbursement up

Released at: 08:04, 29/06/2015

FDI down, disbursement up

Capital in first half falls against last year due to absence of large-scale projects, while disbursement increases nearly 10%.

by Doanh Doanh

The disbursement of foreign direct investment (FDI) in Vietnam in the first half of the year reached $6.3 billion, up 9.6 per cent from a year ago, according to the Ministry of Planning and Investment’s Foreign Investment Agency.

In the first half 750 new FDI projects were granted investment certificates, with total registered capital of $3.84 billion, or 79 per cent of the number during the same period last year.

Some 280 projects increased their registered capital by a total of $1.65 billion, or 83 per cent of last year’s figure for the first half.

There were no large-scale projects, which lay behind the reduction in registered capital against last year.

During the period foreign investors were involved in 16 sectors. Most FDI went to the processing and manufacturing industries, with 338 new projects and 190 increasing capital, totaling $4.16 billion and accounting for 76 per cent of all capital.

The country attracted $5.49 billion in FDI during the January-June period, or 80.2 per cent of the figure in the first six months of last year and the lowest since 2012.

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