Business
Vietnam's FDI rises 30.4% from January-August
According to the Ministry of Planning and Investment’s Foreign Investment Agency, Vietnam attracted 13.33 billion USD in foreign direct investment (FDI) in the first eight months of this year, increasing by 30.4% compared with same period last year.
As of August 20, Vietnam had granted investment licenses to 1,219 newly-registered projects worth 7.87 billion USD, up 8.7% in value. Some 5.46 billion USD was added to 389 existing projects, up 82.8 % in value.
From January-August, a total 8.5 billion USD of FDI was disbursed, an yearly rise of 7.6%.
Foreign investors poured capital into 17 sectors mainly focused on industrial processing and manufacturing, real estate and retail trade.
At present, the Republic of Korea is firmly leading among the 55 countries and territories investing in Vietnam with combined newly-registered and increased capital of 5.26 billion USD, accounting for 39.5% of the total investment in Vietnam.
The UK ranked second with 1.25 billion USD, making up nearly 9.4% of the total investment in Vietnam.
During the period, foreign firms invested in 49 local cities and provinces. The northern province of Bac Ninh led the country in attracting FDI with 3.33 billion USD. Followed by HCM City with 2.42 billion USD and southern Dong Nai province with 1.13 billion USD.
The Red River Delta region was the most attractive to foreign investors, absorbing 5.68 billion USD, comprising 42.6% of the country’s total registered investment.
With 5.48 billion USD, the southeast region ranked the runner-up, accounting for 41.2% of the total investment.
The Central Highlands was at the end of the list in the field with 34.93 million USD, accounting for a mere 0.3% of the nation’s total investment.
From January-August, a total 8.5 billion USD of FDI was disbursed, an yearly rise of 7.6%.
Foreign investors poured capital into 17 sectors mainly focused on industrial processing and manufacturing, real estate and retail trade.
At present, the Republic of Korea is firmly leading among the 55 countries and territories investing in Vietnam with combined newly-registered and increased capital of 5.26 billion USD, accounting for 39.5% of the total investment in Vietnam.
The UK ranked second with 1.25 billion USD, making up nearly 9.4% of the total investment in Vietnam.
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The Red River Delta region was the most attractive to foreign investors, absorbing 5.68 billion USD, comprising 42.6% of the country’s total registered investment.
With 5.48 billion USD, the southeast region ranked the runner-up, accounting for 41.2% of the total investment.
The Central Highlands was at the end of the list in the field with 34.93 million USD, accounting for a mere 0.3% of the nation’s total investment.
