Semiconductor company Amkor’s additional investment of 1.07 billion USD has helped to strongly increase the total figure for foreign direct investment (FDI) pledges to Vietnam in the first six months of 2024.

According to the Foreign Investment Agency, FDI commitment in the first half of the year reached nearly 15.2 billion USD, up 13.1% over the same period last year.

Additional investments in June alone amounted to nearly 1.9 billion USD, mainly contributed by Amkor pouring 1.07 billion USD into its semiconductor production, assembly and testing facility in Bac Ninh Province.

Singapore was the largest foreign investor in Vietnam in the first half of 2024 with nearly 5.58 billion USD, up 86% and accounting for 36.7% of total FDI pledges.

Japan came second with 1.73 billion USD, followed by Hong Kong (China) and the Republic of Korea.

FDI disbursement during the period reached 10.84 billion USD, up 8.2%.

The manufacturing sector continued to be the largest recipient of foreign investment with 10.69 billion USD, up 26.3% and accounting for 70.4% of total investment.

Property trading was the second largest recipient with 2.47 billion USD.

Source: nhandan.vn