As of November 20, there were 38,844 valid FDI projects worth almost 462.4 billion USD in total across Vietnam. (Photo: congthuong.vn) The amount accounts for nearly 10.8% of the totalregistered capital and rises 42.3% from the same period last year, the Ministryof Planning and Investment (MPI) reported.
Among the 56 cities and provinces where foreigninvestors poured capital in in the reviewed period, Ho Chi Minh City ranked second withmore than 3.08 billion USD, followed by Hai Phong city 2.8 billion USD, BacGiang province 2.7 billion USD, and Hanoi 2.6 billion USD.
According to the ministry, nearly 28.85 billion USD in FDI had been registered as of November20, up 14.8% year on year, and 20.25 billion USD was disbursed in the 11months, the highest since 2018.
The MPI’s Foreign Investment Agency (FIA) attributed the increase in the FDIdisbursement to the support from the Government and the Prime Minister, as wellas the close coordination between ministries, agencies, and localities inremoving obstacles to the operation of businesses.
Up to 2,865 new projects were licensed betweenJanuary and November, a year-on-year increase of 58.1% with an accumulativeregistered capital of more than 16.41 billion USD, up 42.4%.
Meanwhile 1,152 registered to adjust capital, up 15.9%, with an additional investment topping 6.47 billion USD, down 32.1% from the sameperiod.
Foreign investors placed capital into 18 out of the21 national economic sectors, of which processing and manufacturing attracted the mostwith more than 20.97 billion USD, followed by real estate with some 2.87billion USD.
As many as 110 countries and territories invested inVietnam in the period, of which Singapore held the lion’s share with about 5.15billion USD, followed by Hong Kong (China), the Republic of Korea (RoK), China,Japan, and Taiwan (China).
As of November 20, there were 38,844 valid FDIprojects worth almost 462.4 billion USD in total across Vietnam. Nearly 294.2billion USD of the projects’ registered capital was disbursed, equivalent to63.6%, according to FIA.
In the 11 months, the import-export turnover(including crude oil) of the foreign investment sector was estimated at 237.16billion USD, down 6.9% from the corresponding time last year, accounting for73.3% of the total export turnover./.
VNA
