A sharp increase of FDI into Vietnam
(QNO)- In the first 3 months of 2021, new and additional FDI (foreign direct investment) increased sharply compared to the same period of last year.
Reported from the Foreign Investment Department, the total foreign investment reached USD10.13 billion until March 20, up 18, 5% over the same period of 2020. USD 7.2 billion among this amount was newly registered capital, up 30.6%.
In this quarter, Singapore took the lead in terms of total investment in Vietnam, followed by Japan.
The disbursement capital was estimated at USD4.1 billion, up 6.5% over the same period of last year.
The situation and condition of manufacture and business after Covid-19 was better, which fostered foreign investment. Among 17 fields invested by foreign investors, the processing and manufacturing sector ranked first with a total investment capital of nearly USD 5 billion, accounting for 49.6%.