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Vietnam's foreign investment inflow down 15.6 pct in first 2 months

2021-03-02 04:35:56 GMT2021-03-02 12:35:56(Beijing Time) 

HANOI, March 2 (Xinhua) -- Vietnam attracted around 5.5 billion U.S. dollars of foreign investment in January and February this year, down 15.6 percent against the same period last year, the country's General Statistics Office reported Tuesday.

Specifically, Vietnam licensed 126 new foreign direct investment (FDI) projects with total registered capital of over 3.3 billion U.S. dollars, down 74.8 percent in quantity and 33.9 percent in capital year on year.

Over the two months, foreign investors also spent 543.1 million U.S. dollars buying shares and contributing capital to Vietnamese firms, down 34.4 percent year on year.

A total of 2.5 billion U.S. dollars of FDI was disbursed in the period, up 2 percent against the first two months of 2020, said the office, adding that 71.8 percent were for the processing and manufacturing sector, 15.6 percent for the real estate, and 6.1 percent for the electricity, gas, hot water, steam and air conditioner production and distribution.

Among 46 countries and regions with newly licensed investment projects in Vietnam during the period, Japan was the largest source of registered capital with nearly 1.5 billion U.S. dollars, followed by Singapore with 861.1 million U.S. dollars and China with 374.9 million U.S. dollars, said the office. Enditem

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