FDI disbursement rises 7.3% in Jan-Sept
06:27 | 30/09/2019

VGP – Total amount of FDI disbursement hit US$ 14.2 billion in the first nine months, representing a year-on-year increase of 7.3%, the General Statistics Office (GSO) reported. 

As of September 20, Viet Nam granted 2,759 FDI licenses worth over US$ 10.9 billion, up 26.4% in number and down 22.3% in value in comparison with the same period last year. 

In addition, 1,037 projects got additional capital of US$ 4.7 billion, representing a year-on-year decline of 13.6%. 

Hence, total amount of newly-register and additional capital reached over US$ 15.7 billion, down 19.9% against the same period last year. 

Meanwhile, total FDI disbursement was estimated at US$ 14.2 billion, representing a year-on-year growth of 7.3%. 

In the first nine months, foreign investors spent US$ 10.4 billion on capital contributions and share purchases in Viet Nam, up 82.3% against the same period last year. 

Processing and manufacturing industry absorbed the biggest amount of capital with US$ 8.1 billion of registered capital (accounting for 74.2%); followed by real estate with US$ 1.1 billion (10.8%); and others with US$ 1.6 billion (15%). 

Among the total 109 countries and territories investing in Viet Nam in the period, Hong Kong (China) was the largest investor with US$5.89 billion, followed by the Republic of Korea at US$ 4.62 billion and Singapore at US$ 3.77 billion.

Ha Noi was the largest FDI recipient during the period with US$6.15 billion, accounting for 23.5% of the total, while Ho Chi Minh City and Binh Duong came second and third respectively with US$4.52 billion (17.3%) and US$ 2.52 billion (9.6%)./.

By Kim Loan  

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