JavaScript is off. Please enable to view full site.

FDI inflow to Vietnam rises over 30 percent y-o-y in Jan-Aug: statistics

FDI inflow to Vietnam rises over 30 percent y-o-y in Jan-Aug: statistics

Tuesday, September 08, 2015, 16:39 GMT+7

Newly registered and additional foreign direct investment (FDI) channeled into Vietnam in the first eight months of this year saw a 30.4 percent year-on-year rise, reaching over US$13.33 billion, according to the Foreign Investment Agency.

During the eight-month period, disbursed FDI capital hit $8.5 billion, up 7.6 percent over the same period of 2014, according to the state agency under the Ministry of Planning and Investment.

Vietnam licensed 1,219 new projects with a total registered capital of $7.87 billion in the January-August period, up 8.7 percent year on year.

In addition, the investors of 389 operational projects registered to increase their capital, with newly added funds of $5.46 billion, up 82.8 percent over the same period in 2014.

Processing-manufacturing continued to take the lead among 17 sectors with $10.35 billion, accounting for 77.7 percent of the newly registered and additional FDI capital channeled into Vietnam in January-August.

Real estate and wholesaling-retailing came second and third with a total investment of $1.82 billion and $311.08 million, respectively.

Among the foreign partners from 55 countries and territories having investment projects in Vietnam, South Korea led with a newly registered and additional capital of $5.26 billion, representing 39.5 percent of the total.

It was followed by the United Kingdom ($1.25 billion), British Virgin Islands ($973.6 million), and Hong Kong ($876 million).

The northern province of Bac Ninh became the most attractive magnet for FDI with $3.33 billion in funds, making up 25 percent of the total amount.

It was tailed by Ho Chi Minh City ($2.42 billion) and the southern province of Dong Nai ($1.13 billion).

Earlier this year, Minister of Planning and Investment Bui Quang Vinh said the Southeast Asian country expected to lure about $23 billion worth of newly registered and additional FDI capitals in 2015.

Like us on Facebook or follow us on Twitter to get the latest news about Vietnam!

tuoi tre news

More

Read more

;

Photos

VIDEOS

‘Taste of Australia’ gala dinner held in Ho Chi Minh City after 2-year hiatus

Taste of Australia Gala Reception has returned to the Park Hyatt Hotel in Ho Chi Minh City's District 1 after a two-year hiatus due to the COVID-19 pandemic

Vietnamese woman gives unconditional love to hundreds of adopted children

Despite her own immense hardship, she has taken in and cared for hundreds of orphans over the past three decades.

Vietnam’s Mekong Delta celebrates spring with ‘hat boi’ performances

The art form is so popular that it attracts people from all ages in the Mekong Delta

Latest news