Long An, Ho Chi Minh City and Can Tho in South Viet Nam are the biggest recipients of foreign investment inflows in the first five months this year. 

Total foreign investment inflows to Viet Nam picked up 0.8% to US$14 billion in the first five months this year, according to the Ministry of Planning and Investment.

Of the total figure, foreign investors pledged to pour US$3.35 billion in Long An, accounting for 23.9 percent. It was followed by Ho Chi Minh City (US$1.34 billion) and Can Tho (US$1.32 billion).

In the reviewed period, foreign capital was pumped into 18 economic sectors in the Southeast Asian country, in which manufacturing and processing took the lead with US$6.14 billion.

The export value of the foreign-invested sector was estimated at US$97.4 billion, up 37 percent compared to the same period last year and making up 74.4 percent of the nation’s total export turnover.

Meanwhile, the sector’s import turnover rose by 39.7% to US$85.4 billion, accounting for 65.3 percent of the nation’s import volume.

The ministry also said Singapore was the biggest foreign investors in January-May period, with total registered capital of US$5.26 billion.

Japan and the Republic of Korea occupied the second and the third places with US$2.59 billion and US$1.83 billion, respectively.

As of May 20, Viet Nam housed 33,615 valid foreign-invested projects with total registered capital of US$396.86 billion and the disbursement rate reached 60.5 percent, or US$240 billion, said the ministry./.