Total newly-registered and additional Foreign Direct Investment (FDI) in the recent 10 months of 2013 reached US$19.2 billion, a year-on-year soar of 65.5%, according to the Foreign Investment Agency under the Ministry of Planning and Investment (MPI).

The MPI stated that total registered FDI in 2013 is expected to exceed US$20 billion, focussing mainly on industrial production.
In the period, FDI disbursement was nearly US$ 10 billion, up 6.4%.
The FDI soar is attributed to the efforts made by both investors and Governmental agencies in solving obstacles facing big projects, said Chairman of Viet Nam's Association of Foreign Invested Enterprises Nguyen Mai.
Among newly-registered FDI projects, seven were worth more than US$1 billion, accounting for half of total FDI capital in the past 10 months. Samsung Viet Nam invested US$4.2 billion in industrial zones in the provinces of Thai Nguyen and Bac Ninh.
Nghi Son refinery and petrochemical complex and Vinh Tan thermo-electricity plant have received investment of US$2.8 billion and US$2 billion, respectively.
The investment environment is more stable than before as inflations rate and monetary policies are kept under control, added Mr. Mai.
In September, the Government issued a Resolution on strengthening the attraction and improvement of FDI capital in which it changed a number of regulations related.
Other News
- PM encourages Chinese major corporations to expand investment in Vietnam
- Vietnam eyes top 3 in investment environment in ASEAN next 2 years: Party Chief
- Vietnam attracts South Korean tech investment at SEMICON Korea 2025
- Swedish group plans US$1 billion investment in Binh Dinh recycling plant
- Samsung plans to invest in AI, semiconductors in Vietnam
- Vietnam's data center construction costs among the lowest in Asia Pacific
- Bright prospects for FDI inflows into Vietnam in 2025
- Foreign companies confirm investment expansion in Vietnam in 2025
- PM invites Skoda to manufacture electric vehicles in Vietnam
- US Berggruen Holdings to help Vietnam set up investment funds
Trending
-
Hanoi reduces waste collection by 67% after 2.5 months
-
Vietnam news in brief - February 27
-
Vietnam’s diplomacy through Comprehensive Strategic Partnership
-
Most pleasurable ways to explore Hanoi
-
Vivid yellow flowers brighten spring in Hanoi
-
Vietnam heritage painting contest launched
-
Vietnam scales back plan to boost offshore wind
-
Indochina fine arts heritage in the heart of Hanoi
-
Keeping the spirit of Vietnamese folk paintings alive