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NEWS UPDATES Asean Affairs     June 28, 2017  









FDI disbursement up in H1

Foreign direct investment (FDI) disbursement experienced a year-on-year increase of 6.5 per cent to US$7.72 billion in the first half of this year, statistics from the Foreign Investment Agency revealed.

Total FDI registered in the country in the period reached $19.22 billion, surging by a significant 54.8 per cent against the same period last year.

The processing and manufacturing sector attracted the lion share of FDI at $9.48 billion, accounting for 49.3 per cent of total FDI registered in the country. Electricity production and distribution ranked second with $5.25 billion or equivalent to 27 per cent, while the mining sector came third with $1.28 billion or 6.68 per cent.

Japan surpassed South Korea to become Việt Nam’s leading source of FDI in six months. Japanese investors pumped $5.08 billion into the country, making up 26.5 per cent of the total FDI. Investors from South Korea invested $4.95 billion, or 25.8 per cent, while those from Singapore poured $3.48 billion, or 18.1 per cent.

From January to June, the central province of Thanh Hóa was the most attractive destination for foreign investors as it attracted $3.06 billion in FDI, contributing to 15.9 per cent of the nation’s total FDI. It was followed by the northern provinces of Bắc Ninh and Nam Định with $2.85 billion or 14.83 per cent and $2.19 billion or 11.4 per cent, respectively.

Foreign-invested sector accounted for 71 per cent of the country’s total six-month export turnover. The sector also recorded trade surplus of $10.22 billion in the period.

As of June 20, 2017, the country is home to more than 23,590 valid foreign-invested projects with a total registered capital of $306.3 billion. Over half of the total has been disbursed, according to the agency.


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This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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