Vietnam lures 5.46 billion USD in foreign investment

As much as 5.46 billion USD worth of foreign direct investment (FDI) was injected into Vietnam as of February 20, equivalent to 84.4 percent of the figure recorded in the same time last year, according to the Ministry of Planning and Investment.

As many as 126 foreign projects were granted investment licences with total registered capital of 3.31 billion USD, a year-on-year fall of 33.9 percent.

Meanwhile, 115 existing projects adjusted their investment capital with a total additional sum of 1.61 billion USD, or 2.5 times higher than the same time last year.

Capital contributions and shares purchases by foreign investors stood at 543.1 million USD, down 34.4 percent.

Japan topped the list of 46 countries and territories landing investment in Vietnam, with 1.64 billion USD, equivalent to nearly 30 percent of the total. Singapore came second with 1.07 billion USD, and the Republic of Korea third with 1.05 billion USD.

The ministry said the southern province of Can Tho lured the lion’s share of FDI with 1.31 billion USD, accounting for 24.2 percent of the total. Hai Phong city was the runner-up since it attracted nearly 918 million USD, or 16.8 percent. Bac Giang came third with nearly 573 million USD (10.5 percent)./.

News

FMs of Vietnam, Morocco discuss bilateral cooperation

Minister of Foreign Affairs Bui Thanh Son and Minister of Foreign Affairs, African Cooperation and Moroccan Expatriates Nasser Bourita held phone talks on April 16 to discuss bilateral cooperation and coordination in multilateral forums.

Vietnam, India strengthen cooperation

Vietnamese and Indian foreign ministers have agreed to closely coordinate in order to effectively promote the action programme implementing the comprehensive strategic partnership between the two countries for 2021-2023.

Vietnamese, Singaporean Foreign Ministers hold phone talks

Foreign Minister Bui Thanh Son on April 16 held phone talks with his Singaporean counterpart Vivian Balakrishnan, during which the two sides consented to closely coordinate, contributing to enhancing trade and investment ties between the two countries.