Country absorbs USD25.37 billion of FDI capital in 9 months

Saturday, 29/09/2018 08:20
Total newly-registered, increased capital and capital contributions, share purchases of foreign investors reached USD25.37 billion in the first nine months of the year, a year-on-year rise of 99.6%, according to Ministry of Planning and Investment’s Foreign Investment Agency (FIA).

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From the start of the year to September 20th, disbursement of foreign direct investment (FDI) capital reached USD13.25 billion, a year-on-year rise of 6%.

The country saw 2,182 projects licensed with a newly-registered capital of USD14.1 billion, 97% of the same period last year; 841 projects registered for an additional capital of USD5.5 billion, 82.1%. In the nine months, there were 5,275 capital contributions and share purchases, worth USD5.7 billion, up 36.8% over a year earlier.

During the period, foreign investors poured capital in 18 sectors; in which processing and manufacturing industry absorbed the most capital with USD11.3 billion, making up 44.6% of the total. It was followed by real estate business with USD5.8 billion (23%) and wholesale and retail with USD2.1 billion (8.3%).

Japan took the lead among 104 countries and territories investing in Vietnam with USD7 billion, accounting for 28% of the total. The Republic of Korea ranked second with USD5.6 billion (22.4%) and Singapore ranked third with USD3.6 billion (14.4%).

Hanoi topped FDI capital attraction in 59 provinces and cities with USD5.8 billion, making up 22.9% of the total, followed by Ho Chi Minh city with USD4.2 billion (16.6%) and Ba Ria - Vung Tau with USD2.1 billion (8.5%)./.

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