The report of the Foreign Investment Agency under the Ministry of Planning and Investment pointed out that Vietnam lured more than 18 billion USD in both new and additional foreign direct investment (FDI) in January-November, equivalent to 89.5% compared to the same period of 2015.
As of November 20, FDI disbursement had reached 14.3 billion USD, a year-on-year growth of 8.3%, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
During the reviewed time, Vietnam recorded 2,240 newly licensed projects worth over 13 billion USD, accounting for over 96% of the 2015 figure.
Another 1,075 projects have also registered to increase their investment capital by 5.075 billion USD, equivalent to 76.1% against last year.
The FDI sector saw a trade surplus of 21.245 billion USD (including crude oil) and 19.148 billion USD (excluding crude oil) during the period. It exported 114.076 billion USD worth of goods (including crude oil), up 8.6% year on year and making up 71.5% of the total export revenue, while importing 92.831 billion USD value of commodities, up 3.6% against the same period of 2015 and accounting for 59.2% of the total import revenues.
Foreign investors poured capital into 19 sectors, with the manufacturing industry named as the largest FDI recipient with 13.41 billion USD in both new and additional pledges, claiming 74.1% of the total figure for the period. Real estate came in second place with 740.93 million USD, accounting for 4.1% of the total.
In the first 11 months of this year, the Republic of Korea was the largest foreign investor in Vietnam with 5.29 billion USD (29.2% of the total), followed by Singapore with 2.05 billion USD (11.3%) and Japan with 1.95 billion USD(10.8%).
Hai Phong city attracted the biggest FDI capital in the reviewed time with 2.74 billion USD (15.2% of the total), followed by Binh Duong with 1.93 billion USD (10.7%), Dong Nai with 1.87 billion USD, Hanoi with 1.84 billion USD and HCM City with 1.32 billion USD.
As of November 20, FDI disbursement had reached 14.3 billion USD, a year-on-year growth of 8.3%, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
During the reviewed time, Vietnam recorded 2,240 newly licensed projects worth over 13 billion USD, accounting for over 96% of the 2015 figure.
The Republic of Korea was the largest foreign investors in Vietnam after 11 months.
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The FDI sector saw a trade surplus of 21.245 billion USD (including crude oil) and 19.148 billion USD (excluding crude oil) during the period. It exported 114.076 billion USD worth of goods (including crude oil), up 8.6% year on year and making up 71.5% of the total export revenue, while importing 92.831 billion USD value of commodities, up 3.6% against the same period of 2015 and accounting for 59.2% of the total import revenues.
Foreign investors poured capital into 19 sectors, with the manufacturing industry named as the largest FDI recipient with 13.41 billion USD in both new and additional pledges, claiming 74.1% of the total figure for the period. Real estate came in second place with 740.93 million USD, accounting for 4.1% of the total.
In the first 11 months of this year, the Republic of Korea was the largest foreign investor in Vietnam with 5.29 billion USD (29.2% of the total), followed by Singapore with 2.05 billion USD (11.3%) and Japan with 1.95 billion USD(10.8%).
Hai Phong city attracted the biggest FDI capital in the reviewed time with 2.74 billion USD (15.2% of the total), followed by Binh Duong with 1.93 billion USD (10.7%), Dong Nai with 1.87 billion USD, Hanoi with 1.84 billion USD and HCM City with 1.32 billion USD.
