VN attracts US$15 bln in FDI in 10 months

VGP – As of October 20, as many as 2,458 Foreign Direct Investment (FDI) projects were licensed in Viet Nam, worth more than US$15 billion, up 18.7% in terms of number and down 7.8% in capital against the same period last year, according to the General Statistics Office.

October 31, 2018 11:16 AM GMT+7

Manufacturing-processing sector took the lead in attracting newly-registered and additional FDI capital over the recent 10 months of 2018.

A total number of 954 FDI projects added the capital of US$6.5 billion, down 10%.

The total newly-registered and additional capital reached US$21.5 billion over the recent 10 months of the year, down 8.5% while the realized FDI capital was estimated at US$15.1 billion, up 6.3%.

As much as US$6.3 billion worth of capital contribution and share purchases, up 35.8% compared to the corresponding period last year.

Over the recent 10 months of 2018, Ha Noi attracted more than US$4.9 billion in FDI, ranking first among provinces and cities.

In the January-October period, Viet Nam’s overseas investment fetched US$344.5 million (including newly-registered and additional capital), focusing on finance-banking (US$105.8 million, making up 30.7%), agriculture-forestry-aquaculture (US$68.4 million, accounting for 19.9%) and manufacturing and processing industry (US$45.9 million, making up 13.3%).

Among 72 nations and territories, Japan was the largest investor in Viet Nam with more than US$5.8 billion over the recent 10 months of 2018.

Among 35 nations and territories receiving Viet Nam’s investment over the recent 10 months, Laos took the lead with US$97.6 million, accounting for 28.3%, followed by Australia US$50.3 million and Slovakia US$35.9 million, making up 14.6% and 10.4%, respectively.

By Thuy Dung