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.

Source: Saigon Times