The total inflows of foreign investment in Vietnam this year to May 20, including new and added investment and contributions for share purchases by foreign investors, reached nearly US$10.86 billion, the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment reported.

The figure was down 7.3 per cent year-on-year, but up 10.6 percentage points compared with the figure in the first four months of this year.

More than $5.26 billion was injected into 962 new projects, representing year-on-year increases of 27.8 per cent in value and 66.4 per cent in number, the agency said.

Among the 82 countries and territories investing in Vietnam during the period, Singapore took the lead with over $2.53 billion, making up more than 23.3 per cent of the accumulative figure.

Japan and China came second and third with nearly $2.1 billion and some $1.61 billion, respectively. Other large investors included Taiwan (China), Hong Kong (China), and the Republic of Korea.