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| Manufacturing and processing sector attracts the biggest FDI in seven months__Photo: VNA/VLLF |
Vietnam attracted approximately USD 16.24 billion in foreign direct investment (FDI) from the beginning of this year to July 20, up 4.5 year-on-year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
In the period, there were 1,293 newly-registered projects with a combined capital of 7.94 billion USD, up 75.5 percent in the number of projects and 38.6 percent in capital compared to the same period last year.
Meanwhile, USD 2.93 billion, down 42.5 percent year-on-year, was added to 736 existing projects, up 27.1 percent year-on-year.
The value of capital contribution and share purchase deals rose by 60.7 percent to USD 4.16 billion.
The manufacturing and processing sector led in FDI attraction, with USD 10.93 billion. It was followed by real estate (USD 1.61 billion).
In the January-July period, there were 94 countries and territories pouring capital into Vietnam, in which Singapore topped the list with USD 3.64 billion, down 15.5 percent year-on-year. It was followed by the Republic of Korea (USD 2.34 billion) and China (USD 2.33 billion).
Those investors poured their capital into 52 provinces and cities in the period, with Hanoi receiving the lion's share - USD 2.28 billion, up 2.76 times year-on-year. Hai Phong came second with over 2 billion, up USD 96.5 percent, followed by Ho Chi Minh City.
As of July 20, FDI disbursement was estimated at USD 11.58 billion, up 0.8 percent year-on-year.- (VNA/VLLF)
