January FDI nears 1.7 billion USD

  • General Director Song Jongdeuk of the Korean-invested Samkwang Vina Co. Ltd at the Quang Chau IP, the northern province of Bac Giang, exchanges views with his Vietnamese workers. VNA Photo: Danh Lam
    General Director Song Jongdeuk of the Korean-invested Samkwang Vina Co. Ltd at the Quang Chau IP, the northern province of Bac Giang, exchanges views with his Vietnamese workers. VNA Photo: Danh Lam
  • Production of the Korean-invested Samkwang Vina Co. Ltd at the Quang Chau IP, the northern province of Bac Giang. VNA Photo: Danh Lam
    Production of the Korean-invested Samkwang Vina Co. Ltd at the Quang Chau IP, the northern province of Bac Giang. VNA Photo: Danh Lam
  • Production of the Korean-invested Samkwang Vina Co. Ltd at the Quang Chau IP, the northern province of Bac Giang. VNA Photo: Danh Lam
    Production of the Korean-invested Samkwang Vina Co. Ltd at the Quang Chau IP, the northern province of Bac Giang. VNA Photo: Danh Lam
  • Production of the Korean-invested Samkwang Vina Co. Ltd at the Quang Chau IP, the northern province of Bac Giang. VNA Photo: Danh Lam
    Production of the Korean-invested Samkwang Vina Co. Ltd at the Quang Chau IP, the northern province of Bac Giang. VNA Photo: Danh Lam
  • Production of the Korean-invested Samkwang Vina Co. Ltd at the Quang Chau IP, the northern province of Bac Giang. VNA Photo: Danh Lam
    Production of the Korean-invested Samkwang Vina Co. Ltd at the Quang Chau IP, the northern province of Bac Giang. VNA Photo: Danh Lam
  • Production of the Korean-invested Samkwang Vina Co. Ltd at the Quang Chau IP, the northern province of Bac Giang. VNA Photo: Danh Lam
    Production of the Korean-invested Samkwang Vina Co. Ltd at the Quang Chau IP, the northern province of Bac Giang. VNA Photo: Danh Lam

VNA Photos

January FDI nears 1.7 billion USD
02/01/2023 09:32 | TTXVN |
Vietnam lured 1.69 billion USD worth of foreign investment in the first month of 2023, down 19.8% year-on-year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment. One bright spot in January was that 153 new foreign-invested projects, valued at 1.2 billion USD, were granted licenses, up 48.5% in number and 3.1 times in value, which was a signal to confirm the confidence of foreign investors in the investment environment of Vietnam, the FIA said. During the month, capital added in operating projects by foreign investors saw a yearly decline of 76% to 306.3 million USD while their capital contributions and share purchases also declined 61% year-on-year to over 174 million USD. At the same time, disbursed capital also witnessed a decline of 16.3% to an estimated 1.35 billion USD in the first month, the FIA said, adding that the processing and manufacturing industry saw 1.05 billion USD worth of foreign investment disbursed, making up 77.6% of the total. Meanwhile, Vietnamese investors poured 126.7 million USD into their projects overseas, increasing by 3.4 times against the same month in 2022. VNA Photo: Danh Lam

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