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Official Gazette

Tuesday, December 12, 2017

FDI disbursement increases in 10 months

Updated: 15:30’ - 29/10/2014

Disbursement of foreign direct investment (FDI) saw a rise of nearly 6 percent to USD 10.15 billion in the first 10 months of the year, according to the latest report of the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

The report also revealed that the country attracted FDI worth USD 13.7 billion, or over 71 percent of the total FDI compared with the same period of last year.

Of this total, approximately USD 10 billion came from more than 1,300 newly-licensed projects and the remainder from 469 ongoing projects with increased capital. 

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Motorbike manufacture at Honda Vietnam Co., Ltd.__Photo: Internet

Manufacturing and processing attracted the most foreign investors with USD 9.7 billion, or nearly 71 percent of the nation’s total registered capital. Real-estate business ranked second with USD 1.22 billion, followed by construction with over USD 1.03 billion.

The Republic of Korea led the 56 countries and territories investing in Vietnam with USD 3.6 billion (26.3 percent of the country’s total FDI), followed by Singapore with USD 2.64 billion, Hong Kong with USD 1.67 billion, and Japan with 1.66 billion.

From January to October, foreign investors poured capital into 50 provinces and cities nationwide, with Ho Chi Minh City taking the lead with USD 2.85 billion, according to the FIA.-

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