Vietnam attracts $12.7 billion FDI in 11 months

The General Statistics Office has reported that as of November, Vietnam attracted nearly US$12.7 billion in foreign direct investment (FDI), equivalent to 83.8 percent as against the same period last year.

The General Statistics Office has reported that as of November, Vietnam attracted nearly US$12.7 billion in foreign direct investment (FDI), equivalent to 83.8 percent as against the same period last year.

Of this amount, $9.9 billion is newly registered capital from 919 projects and $2.8 billion in increased capital from 324 projects.

The processing and manufacturing industry attracted the largest registered capital of $6.2 billion, followed by the energy industry with $2.5 billion, and the construction sector with $1.1 billion.

During the first 11 months, 48 cities and provinces licensed new FDI projects in Hai Duong receiving $2.5 billion, or 25.2 percent of the country’s total capital value.

Hai Duong was followed by Ho Chi Minh City with $1.9 billion or 19.4 percent of the country’s total capital, Ba Ria-Vung Tau with $880.8 million or 8.9 percent, Hai Phong with $594.4 million or 6 percent, Hanoi with $513.1 million or 5.2 percent.

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