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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
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28.9 C
Ho Chi Minh City
Tuesday, April 1, 2025

FDI disbursements rise slightly in January-June

By Thai Huy

Must read

HCMC – The disbursement of capital from foreign direct investment (FDI) projects in the first half of this year has reached US$10.02 billion, showing a modest increase of 0.5% compared to the same period last year, according to the Ministry of Planning and Investment.

After experiencing consecutive declines in the first five months, the disbursement of FDI capital saw an uptick in June. This positive trend is a result of the strong measures implemented by the Government to facilitate capital disbursement by businesses, said the Foreign Investment Agency.

Despite the increase in FDI disbursements this month, total pledged capital has shown a decline. As of June 20, the total registered capital amounted to US$13.43 billion, a decrease of 4.3% compared to the previous year.

During this period, 1,293 new projects were granted investment registration certificates, with total pledged capital estimated at US$6.49 billion. This represents a significant increase of 71.9% in volume and 31.3% in value compared to the previous year.

Moreover, there have been 623 projects adjusting up their investment capital, a 30% year-on-year rise. Foreign investors have poured around US$2.93 billion in these projects, down 57.1% versus the same period last year.

There have been 1,594 transactions in which foreign investors contributed capital to or acquired shares from businesses in the country from January to June, with a total of over US$4 billion. Although the volume of transactions has decreased by 6.6%, the value has soared by 76.8% compared to the previous year.

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