The country raked in 15.41 billion USD in FDI during the period, a year-on-year decline of 7.1%, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
Newly-registered investment totalled 5.27 billion USD, down 43.5% year-on-year. In contrast, extra capital injected into existing projects surged by 59.3% to 7.24 billion USD; and capital contributions and share purchases advanced 25.7% to 2.58 billion USD.
Newly-licensed capital has yet to rebound after disruption caused by the COVID-19 control measures, explained FIA Director Do Nhat Hoang. Meanwhile, many major projects have received additional investment, he said, adding that the extra capital accounted for up to 62.6% of the seven-month FDI.
The FIA also announced that processing and manufacturing lured the largest share of FDI, more than 10 billion USD, accounting for 64.3% of the total. The real estate came second with over 3.21 billion USD, or close to 20.7%.
Singapore led the 88 countries and territories investing in Vietnam with 4.3 billion USD, making up 27.7% of the total FDI. It was followed by the Republic of Korea with 3.26 billion USD, equivalent to 21%.
