Vietnam attracted a total of 13.9 billion USD in FDI in the first five months of this year, a fall of 17 percent year-on-year, the General Statistics Office (GSO) announced on May 29.
Hanoi (VNA) - Vietnam attracted a total of 13.9 billion USD in FDI inthe first five months of this year, a fall of 17 percent year-on-year, theGeneral Statistics Office (GSO) announced on May 29.
There were 1,212newly-registered projects with 7.4 billion USD in investment, down 11.1 percentin number but up 15.2 percent in capital, respectively.
A total of 3.5billion USD was added to 436 existing projects, a year-on-year increase of 31.4percent, while capital contributions and share purchases by foreign investors stoodat nearly 3 billion USD, down 60.9 percent.
Processing andmanufacturing was the most attractive sector among foreign investors, the GSOsaid, receiving 6.9 billion USD.
Among 58 countriesand territories registering new projects in Vietnam in the first five months,Singapore was the largest investor, with 4.3 billion USD, accounting for 58percent of the total. Following was Taiwan (China) with 743 million USD, China with694 million USD, Hong Kong (China) with 500 million USD, and the Republic ofKorea with 441 million USD.
As of May 20, 6.7billion USD of FDI had been disbursed this year, a year-on-year decline of 8.2percent, of which over 4.9 billion USD went to projects in the processing andmanufacturing industry.
Vietnamese investorshad 60 new projects abroad in the period, with combined capital of 161.9million USD. They also added 18.8 million USD to eleven existing projects.
Local investors hadinvestments in 21 countries and territories during the period, with Germanybeing the largest recipient, with 92.6 million USD. Following was the US with 21.7million USD, Myanmar with 21.2 million USD, and Singapore with 18.9 millionUSD./.
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Illustrative image (Source: VNA) 
