During the period, the country secured investment certificates for 27 projects worth US$22.9 million, while six others were permitted to add US$26.4 million.
Accommodation and food services attracted US$14.7 million, accounting for 29.9% of the total investment by Vietnamese firms. They were followed by scientific and technological activities (US$12 million, 24.4%) and processing – manufacturing (US$9 million, 18.3%).
The US was the top recipient of Vietnamese capital in the first quarter with US$20.1 million, or 40.8% of the total. Singapore ranked second with US$12.8 million, accounting for 26%, and Cambodia stood third with US$9.5 million, making up 19.3%.
Meanwhile, Vietnam granted investment licenses to 758 new projects worth US$5.5 billion between January and March, up nearly 45% year on year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
More than 230 existing projects registered to adjust their capital with an additional US$1.07 billion in the January-March period, equivalent to 82% of the same period last year.
Meanwhile, the value of capital contributions and shares purchased by foreign investors in the country reached almost US$2 billion, equivalent to 34.4% of the same time in 2019.
