Vietnam logged an almost 50 percent drop in foreign direct investment (FDI) in the first quarter, according to the latest figures recently released by the Ministry of Planning and Investment.
The country's newly registered and added FDI totaled $3.334 billion from January to March, a year-on-year decrease of 49.6 percent.
Newly registered FDI topped $2 billion, down 38.6 percent from a year earlier, while foreign investors added $1.287 billion to their current projects, a 39.3 percent slip compared to the same period last year.
Over $2.8 billion in FDI was disbursed in the first three months of this year, up 5.6 percent from a year earlier.
Official first quarter statistics show that 32 countries and territories placed their investments in Vietnam, with Korea being the largest investor who provided $765.6 million in newly registered and expanded capital, accounting for 22.9 percent of the total FDI.
Japan ranked second with $414.3 million in newly registered and expanded capital.
Binh Duong, a southern industrial park hub, attracted the most FDI with $788.8 million in newly registered and added capital, accounting for 23.66 percent of the total, among 31 provinces and cities that received foreign direct investment in the first quarter.
Ho Chi Minh City was second to Binh Duong, posting $709.8 million, making up 21.3 percent of the total number, followed by Dong Nai, another southern industrial park hub, which snatched the third spot with $427.5 million.
Đăng ký: VietNam News
