(VOVworld) - Vietnam received more than 6.8 billion USD in foreign direct investment (FDI) by the end of April, an increase of 85%, according to the Foreign Investment Department. FDI disbursement was 4.7 billion USD, up 12% against the same period last year.
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Workers at Cát Thái Manufacturing Trading Company, which specializes in producing components and parts for foreign enterprises in Vietnam. (Photo: An Hieu/ VNA) |
Processing and manufacturing attracted the most FDI, about 5.2 billion USD, followed by science and technology, wholesale and retail sales, and auto and motorbike repair.
Hai Phong topped Vietnam in attracting new FDI projects with 1.6 billion USD, followed by Hanoi, Binh Duong, Bac Ninh, Dong Nai, Tien Giang, and Ho Chi Minh City.
The Republic of Korea is the biggest FDI contributor to Vietnam with nearly 2.5 billion dollars, followed by Singapore, China's Taiwan, Japan, Malaysia, China’s Hong Kong, and mainland China.