Following consecutive declines in the first five months, the disbursement of FDI capital rose in June—a result of the strong government measures, the Foreign Investment Agency claimed.
Despite the increase in FDI disbursements in June, total pledged capital dropped. As of June 20, the total registered capital amounted to $13.43 billion—a decline of 4.3 per cent YoY.
During the six-month period, 1,293 new projects were granted investment registration certificates, with total pledged capital estimated at $6.49 billion—a significant YoY increase of 71.9 per cent in volume and 31.3 per cent in value, according to Vietnamese media reports.
Foreign investors contributed capital to or acquired shares from businesses in the country in 1,594 transactions during that period, with a total of over $4 billion. Despite the volume of transactions falling by 6.6 per cent, the value soared by 76.8 per cent YoY.
Fibre2Fashion News Desk (DS)