Vietnam attracts less foreign investment in 4 months

HANOI, April 28– Vietnam attracted an estimated foreign investment of 22.15 billion U.S. dollars in the first four months of this year, down 11.7 percent year on year, according to the country’s Ministry of Planning and Investment. During the period, Vietnam licensed 454 new foreign direct investment projects with total registered capital of 3.7 billion…

HANOI, April 28 (Xinhua) — Vietnam attracted an estimated foreign investment of 22.15 billion U.S. dollars in the first four months of this year, down 11.7 percent year on year, according to the country’s Ministry of Planning and Investment.

During the period, Vietnam licensed 454 new foreign direct investment (FDI) projects with total registered capital of 3.7 billion dollars, up 0.7 percent in quantity but down 56.3 percent in capital year on year.

The country also saw 323 operational FDI projects raise capital by 5.29 billion dollars in total over the four months, up 92.5 percent.

From January to April, the disbursed FDI capital totaled 5.92 billion dollars, up 7.6 percent year on year, said the ministry.

Among countries and regions with newly licensed investment projects in Vietnam during the period, Singapore was the largest source of registered capital with more than 3.1 billion dollars, followed by South Korea with over 1.8 billion dollars and Denmark with over 1.3 billion dollars, according to the ministry. Enditem