Foreign investment in first five months set new peak

Statistics of May showed that there were US$ 2.15 billion of registered foreign capital investing in Vietnam, raising the total foreign investment capital in the first five months of 2019 to US$ 16.75 billion, an increase of 69.1 percent over the same period last year which is the highest level in the same period of the recent four years.
The information was reported by the Foreign Investment Agency under the Ministry of Planning and Investment. 

Remarkably, three components including new registration, supplement and capital contribution, share purchase of foreign investment flows tend to increase.

Specifically, the country had 1,363 new projects granted investment registration certificates with a total new registered capital of US$ 6.46 billion, up 38.7 percent over the same period in 2018. Besides, there are 505 investment projects registered to adjust investment capital with total registered capital increased additionally by US$ 2.63 billion, up 5.5 percent compared to the same period in 2018.

At the same period, there were 3,160 capital contributions, shares purchase of foreign investors with a total value of US$ 7.65 billion, 2.8 times higher than the same period and accounting for 45.7 percent of the total registered capital. Meanwhile, the disbursement rate still maintained a slight increase, estimated at US$ 7.3 billion, up 7.8 percent compared to the same period of last year. 

Vietnam lured investment projects of 88 worldwide countries and territories. Of which, Hong Kong ranked the first with a total investment of US$ 5.08 billion and second one is South Korea with US$ 2.62 billion. 

Accordingly, Hanoi has attracted the most foreign investment with a total registered capital of over US$ 4.79 billion; Ho Chi Minh City ranked the second with total registered capital of US$ 2.78 billion USD; and Binh Duong was the third with a total registered capital of more than US$ 1.25 billion, etc.

BY ANH PHUONG- Translated by Huyen Huong

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