FDI disbursement in Vietnam reaches $1.35 bln in Jan

Disbursed foreign direct investment capital in Vietnam in the year to January 20 declined 16.3% year-on-year to $1.35 billion, the General Statistics Office (GSO) reported.

Registered FDI capital, which included newly registered capital, additional capital of operational projects, and capital contributions for stake acquisitions, dropped 19.8% to $1.69 billion.

Foreign investors' capital contributions for stake acquisitions plunged 60.7% compared to the same period last year to over $174.1 million, with 204 deals.

Of the total acquisition value, $112.3 million, or 64.5%, was recorded in the manufacturing and processing industry.

Last year, disbursed FDI in Vietnam rose 13.5% year-on-year to $22.4 billion, an all-time high. Total registered capital was nearly $27.72 billion, down 11%.

The GSO said disbursed capital from the state budget in the first month of 2023 hit VND27 trillion ($1.15 billion), equivalent to 4% of the annual target and up 12.4% year-on-year.

Vietnam's total overseas investment capital in the month, including newly-licensed and expanded capital, reached $126.7 million, up 3.4 times compared to the same period last year.