With 5.07 billion USD, accounting for41 percent of the total FDI in the first four months of 2020, Singapore rose to become the biggest foreign investor in Vietnam.
It was followed by Thailand and Japan, with 1.46 billion USD and 1.16 billion USD, respectively, according the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).
Foreign investors poured 12.33 billion USD in total into Vietnam during January-April, a year-on-year decrease of 15.5 percent due to the impact of the COVID-19 pandemic.
The period saw 984 new foreign-invested projects licensed with a total registered capital of 6.78 billion USD, down 9.1 percent in term of number of projects but up 26.9 percent in value year-on-year.
Meanwhile, 335 existing projects were allowed to raise their investments by more than 3.07 billion USD, surging 45.6 percent over the same period last year.
In which, there are 500 newly licensed projects with the registered capital of US $ 5 billion, down 2.7% in the number of projects and up 104.7% in the registered capital against the same period last year; 151 times of licensed projects from previous years registered to adjust investment capital with the additional capital of US $ 638.1 million, down 25.4%; 1,583 times of capital contribution and share purchase by foreign investors with the total value of capital contribution of 827.3 million USD, decreasing 84%.
Among the total capital contribution and share purchase of foreign investors, there were 265 times of capital contribution and share purchase, which increased the charter capital of the enterprise with the value of the capital contribution of 283.3 million USD and 1,318 turns of investors. Foreigners bought domestic shares without increasing their charter capital with the value of USD 544 million.
Realized FDI capital in 2 months was estimated at 2.5 billion USD, decreasing by 5% against same period last year.
Reporting by VNA