Today: 01/12/2020 10:17:42 (GMT+7)
THE CENTRAL AGENCY OF THE COMMUNIST PARTY OF VIETNAM BAC GIANG PROVINCE THE VOICE OF THE PARTY, GOVERNMENT AND PEOPLE OF BAC GIANG PROVINCE

Vietnam attracts US$23.48 billion in FDI in ten months

Vietnam attracted US$23.48 billion worth of foreign direct investment (FDI) in the first ten months of 2020, equivalent to 80.6% of the same period in 2019, according to the Ministry of Planning and Investment.

The FDI capital includes newly registered capital, supplemented capital, share purchasing and the capital contributions of foreign investors during the ten-month period.

In the January-October period, a total of US$15.8 billion worth of FDI was disbursed, equivalent to 97.5% of the corresponding period in 2019.

Vietnam, FDI, ten months, foreign direct investment,  FDI capital, newly registered capital, capital contributions, foreign investors,  largest number of projects

Investors pour investment in 18 areas with 45.7% of the capital invested in the manufacturing sector.

About 2,100 new FDI projects were licensed during the period with a total registered capital of US$11.66 billion, down 32.1% and 9.1% in terms of the number of projects and volume of capital during the same period last year.

As many as 109 countries and territories invested in Vietnam with Singapore being the leading investor, having poured US$7.51 billion into Vietnam, accounting for 31.9% of total FDI capital in Vietnam.

The Republic of Korea was the runner-up with US$3.42 billion, accounting for 14.6% of the total FDI capital in Vietnam while China came in third.

Investors injected finance into 18 areas with 45.7% of total capital invested in the manufacturing sector.

Ho Chi Minh City attracted the largest number of projects with 776, followed by Hanoi with 438 projects and Bac Ninh with 125 projects.

Increasing Vietnam’s attractiveness for high-quality FDI flow
Vietnam is currently home to 32,000 foreign direct investment (FDI) projects with a total registered capital of US$378 billion from 136 countries and territories. As global FDI is projected to fall by 40% in 2020 due to the coronavirus, the fact that FDI to Vietnam fell by only 13.7% in the first eight months of the year is evidence of Vietnam’s appeal in the eyes of foreign investors.
 
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FDI pledges reach nearly US$20 billion in eight months
Vietnam attracted foreign direct investment (FDI) of US$19.54 billion in the first eight months of 2020, down 13.7% from the same period of 2019, according to the Ministry of Planning and Investment (MPI).
 
FDI to VN sees increase in July
Vietnam attracted US$3.15 billion worth of foreign direct investment (FDI) and capital for share purchases from July 1 to July 20, representing a rise of 79.8 per cent against the same period last year and 76.2 per cent against June, the latest updates of the Foreign Investment Agency showed.
 

Source: NDO

Vietnam, FDI, ten months, foreign direct investment, FDI capital, newly registered capital, capital contributions, foreign investors, largest number of projects
 
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