30-6-2023 (HANOI) Vietnam attracted approximately $13.43 billion in foreign investment during the first six months of this year, according to the latest statistics released by the country’s General Statistics Office on Friday. This figure represents a 4.3% decline compared to the same period last year.
Despite the overall decrease, Vietnam granted licenses to 1,293 new foreign direct investment (FDI) projects, with a total registered capital of $6.49 billion, marking a significant increase of 71.9% in terms of quantity and 31.3% in capital compared to the previous year.
However, there was a decline in operational FDI projects, with only 632 projects raising a total of $2.93 billion in capital over the six-month period, down 57.1% year on year.
The disbursed FDI capital from January to June reached $10.02 billion, reflecting a slight increase of 0.5% compared to the same period last year, as reported by the General Statistics Office.
Among the countries and regions that contributed to the newly licensed investment projects in Vietnam during this period, Singapore was the largest source of registered capital, investing $1.79 billion. It was followed by China with $1.29 billion and China’s Hong Kong with $773.9 million, according to the office’s data.
Despite the decrease in foreign investment, Vietnam remains an attractive destination for investors, and the government continues to implement measures to improve the business environment and attract more high-quality FDI in the coming months.
