FDI disbursement hits US$9 billion in 10 months

(VOV) - As much as US$9 billion in foreign direct investment (FDI) was disbursed over the past 10 months of this year, approximately equal to last year’s figure.

According to the Foreign Investment Agency under the Ministry of Planning and Investment foreign investors registered to pour US$10.5 billion into Vietnam, equivalent to 75.3 percent of the same period last year.

US$6.68 billion (down 36.7 percent) was invested in 881 newly-licensed projects (equal to 86 percent of the previous corresponding period).

359 projects registered to increase their capital, amounting to a total of US$3.81 billion, up 12.3 percent on last year’s period.

The processing and manufacturing industries attracted the most FDI valued at US$6.9 billion in both newly-licensed and additional capital, accounting for 66.2 of the total. They were followed by real estate with US$1.84 billion, or 17.6 percent of the total.

Japan topped the list of foreign investors in the 10-month period with US$4.92 billion, or 46.9 percent of the total. The Republic of Korea ranked second with US$936 million and Samoa placed third with US$899.8 million.

The southern province of Binh Duong attracted the most capital from foreign investors (US$2.17 billion), followed by HCM City (US$1.12 billion) and Haiphong (US$1.08 billion).

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