Illustrative image (Source: VNA)Hanoi (VNA)- Total foreign direct investment (FDI) registered in the country saw ayear-on-year decline of 10.5 percent in the 11 months of this year to 18.1billion USD, according to the latest report from the Ministry of Planning andInvestment’s Foreign Investment Agency.
Of the sum, more than 13billion USD came from 2,240 newly-licensed projects, down 4 percentyear-on-year, while the remainder from 1,075 capital-added projects, equivalentto 76.1 percent of the figure from the same period last year.
However, FDIdisbursement witnessed a positive rise of 8.3 percent, to 14.3 billion USD inthe period, according to the data.
From January toNovember, foreign investors mainly pouredtheir investments into the processing and manufacturing industry, with 13.41billion USD, making up 74 percent of the nation’s total FDI. This was followed by real estate with 741 million USD (4.1percent), and science and technology with 685 million USD (3.8 percent).
Out of 68 countries andterritories investing in Vietnam, the Republic of Korea remained the country’slargest source of FDI with 5.29 billion USD, accounting for 29.2 percent of thetotal FDI pledged here. Singapore and Japan ranked second and third, with 2.05billion USD (11.3 percent) and 1.95 billion USD (10.8 percent), respectively.
In the year to date, thenorthern port city of Hai Phong took the lead in terms of FDI attraction with2.74 billion USD, followed by the two southern provinces of Binh Duong and DongNai with 1.93 billion USD and 1.87 billion USD, respectively. The country’s twoeconomic hubs of Hanoi and HCM City ranked fourth and fifth, luring 1.84billion USD and 1.32 billion USD in FDI, respectively.
Exports (including crudeoil) of the foreign-invested sector reached over 114 billion USD in the period,up 8.6 percent, to reach 71.5 percent of the country’s total export value,while the sector’s import turnover was 92.83 billion USD, up 3.6 percentyear-on-year.-VNA
Of the sum, more than 13billion USD came from 2,240 newly-licensed projects, down 4 percentyear-on-year, while the remainder from 1,075 capital-added projects, equivalentto 76.1 percent of the figure from the same period last year.
However, FDIdisbursement witnessed a positive rise of 8.3 percent, to 14.3 billion USD inthe period, according to the data.
From January toNovember, foreign investors mainly pouredtheir investments into the processing and manufacturing industry, with 13.41billion USD, making up 74 percent of the nation’s total FDI. This was followed by real estate with 741 million USD (4.1percent), and science and technology with 685 million USD (3.8 percent).
Out of 68 countries andterritories investing in Vietnam, the Republic of Korea remained the country’slargest source of FDI with 5.29 billion USD, accounting for 29.2 percent of thetotal FDI pledged here. Singapore and Japan ranked second and third, with 2.05billion USD (11.3 percent) and 1.95 billion USD (10.8 percent), respectively.
In the year to date, thenorthern port city of Hai Phong took the lead in terms of FDI attraction with2.74 billion USD, followed by the two southern provinces of Binh Duong and DongNai with 1.93 billion USD and 1.87 billion USD, respectively. The country’s twoeconomic hubs of Hanoi and HCM City ranked fourth and fifth, luring 1.84billion USD and 1.32 billion USD in FDI, respectively.
Exports (including crudeoil) of the foreign-invested sector reached over 114 billion USD in the period,up 8.6 percent, to reach 71.5 percent of the country’s total export value,while the sector’s import turnover was 92.83 billion USD, up 3.6 percentyear-on-year.-VNA
VNA
