Vietnam's FDI disbursements rise modestly in H1 2023 by 0.5% YoY
04 Jul 23 1 min read
Insights
- Vietnam's foreign direct investment disbursement in the first half this year reached $10.02 billion—a modest rise of 0.5 per cent year on year (YoY), government statistics show.
- Despite the increase in FDI disbursements in June following consecutive declines in the first five months, total registered capital dropped by 4.3 per cent YoY to $13.43 billion.
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.
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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)
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