Disbursement of public investment capital fulfills 74% of year’s plan

Photo for illustration. (Source: VNA)

Specifically, the capital managed by the central level reached 8 trillion VND, down 19%, and that managed by localities was 40.5 trillion VND, down nearly 12%.

In the Jan-Nov 2021, 367.7 trillion VND in public investment capital was disbursed, equaling 74% of the year’s plan and down nearly 9% compared to the same period last year. The figure included 63.6 trillion VND managed by the central level, 76% of the year’s plan, and 304.1 trillion VND from localities, 73% of the year’s plan.

Besides, many activities of attracting foreign direct investment (FDI) were organized, newly and additionally registered capital maintained a strong uptrend. This shows that foreign investors continue to believe in Vietnam's investment environment.

Foreign direct investment (FDI) registered in Vietnam reached 26.46 billion USD as of November 20, up 0.1% year on year.

During the period, 14.1 billion USD was poured into 1,577 newly-licensed projects, up 3.76 percent in value but down 31.8 percent in volume from the same period last year.

On the other hand, from the beginning of the year, Vietnam saw 52 overseas investment projects licensed with total capital of 244.5 million USD, a year-on-year decrease of 23%, and 19 projects increasing their capital by 432.8 million USD, a two-fold rise year on year./.