FDI rise by 71.2% in ten months
In the first 10 months, new and additional foreign direct investment (FDI) registered by foreign investors increased 71.2% on-year to US$13.7 billion, as announced by the Foreign Investment Agency (FIA).
During the 10 month period, 1.306 investment certificates were issued for new foreign projects capitalised at US$9.95 billion and 469 certificates were issued for supplementary capital of US$3.74 billion.
The manufacturing and processing sector leads in attracting foreign investment with 636 newly licensed projects capitalised at US$9.7 billion, followed by the real estate and construction sector.
Among countries and territories investing in Vietnam this year, the Republic of Korea was the largest foreign investor, followed by Singapore, Hong Kong and Japan.
The FIA estimates foreign invested enterprises disbursed US$10.15 billion during the 10-month period, which represents a 5.9% on-year increase.
Exports of foreign invested enterprises (including crude oil) were US$82.48 billion, up 13.6% on-year, comprising 67% of total exports, while their imports hit US$68.66 billion, up 10.7% on-year, accounting for 57% of total import value.
Among countries and territories investing in Vietnam this year, the Republic of Korea was the largest foreign investor, followed by Singapore, Hong Kong and Japan.
The FIA estimates foreign invested enterprises disbursed US$10.15 billion during the 10-month period, which represents a 5.9% on-year increase.
Exports of foreign invested enterprises (including crude oil) were US$82.48 billion, up 13.6% on-year, comprising 67% of total exports, while their imports hit US$68.66 billion, up 10.7% on-year, accounting for 57% of total import value.
