Total FDI attraction touches US$ 28.2 billion in Jan-Oct
15:32 | 27/10/2017

VGP – Total FDI attraction including newly-registered, additional capital and share purchase capital valued US$ 28.2 billion in the first ten months, reported the Foreign Investment Agency (FIA).

The FIA reported that total FDI attraction saw a year-on-year surge of 37.4%. 

As of late October 20, 2,070 FDI projects got business licenses worth US$ 16.3 billion (up 32.9%); 1,001 others gained additional capital of US$ 7.27 billion (up 35.9%). Meanwhile, foreign investors made 4,156 share purchase capital times with US$ 4.67 billion (up 58.8%).

The amount of FDI disbursement valued US$ 14.2 billion, representing a year-on-year surge of 11.8%. 

In the first ten months, the FDI sector earned US$ 125.4 billion of export turnover, up 22.1% against the same period last year, accounting for 72.2% of total export turnover.  

So far, foreign investors participated in 19 fields of which processing and manufacturing was the most attractive  by absorbing US$ 13.75 billion, accounting for 48.7% of total registered  capital. 

Electricity production and distribution ranked second with US$ 5.63 billion of total investment, accounting for 19.9% of total registered capital; followed by real estate with US$ 2.04 billion.  

So far, 112 countries and territories had investment projects in Viet Nam of which the Republic of Korea was the largest FDI provider with US$ 7.62 billion, making up 27% of total investment. Japan and Singapore followed with US$ 6.07 billion and US$ 4.59 billion, respectively.

In the January-October period, foreign investors engaged in FDI projects in 59 provinces and cities of which HCMC was the most attractive locality and absorbed US$ 5.03 billion of registered  capital (or 17.8% of total investment)./.

By Kim Loan 

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