Vietnam lures over 18 billion USD in FDI in seven months

30/07/2024 12:07

Total registered foreign capital in Vietnam during January – July amounted to more than 18 billion USD in Vietnam, a year-on-year increase of nearly 11%.

According to the Foreign Trade Agency under the Ministry of Planning and Investment, the disbursed investment was recorded at over 12.5 billion USD, up 8.4% as compared to the same time last year.
Foreign investors injected nearly 11 billion USD in over 1,800 new projects, rising 35.6% and 11.6%, respectively.
The agency said that, foreign investors funneled their money in 18 out of 21 economic sectors, with the processing and manufacturing industry attracting the largest share of over 12.65 billion USD.
The realty sector came second with more than 2.87 billion USD, followed by wholesale and retail sale industry, and professional activities and science-technology.
Registering 6.52 billion USD, Singapore was the biggest investor among 91 countries and territories investing in the nation in the reviewed period, followed by China’s Hong Kong, Japan, China and the Republic of Korea.
Bac Ninh province attracted the largest amount of foreign capital with nearly 3.2 billion USD, while in the second and third places were Quang Ninh province and Ho Chi Minh City./.
Source: en.vietnamplus.vn
 



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