FDI up 21.5% in first two months

Up to 313 new foreign-funded projects, with a capital of more than US$2 billion, received licences during the period, up 6.5% year on year. Meanwhile, 137 existing projects received approval to expand their capital. The period also saw a slight increase in FDI disbursement at US$1.55 billion. The manufacturing and processing industry remained the most attractive area to foreign investors, followed by real estate, wholesale and retail sales. Meanwhile, Singapore remained Vietnam's largest source of FDI, followed by China and the Republic of Korea.