Illustrative image (Source: VNA)Hanoi (VNA) – Foreign investors had poured 28.53billion USD into the Vietnamese market as of December 20, equivalent to 75percent of the amount in the same period last year, according to the Ministryof Planning and Investment.
The ministry reported that 19.98 billion USD of the capitalhad been disbursed, down only 2 percent compared to the same time last yeardespite impact of COVID-19 pandemic.
Many FDI firms have recovered, maintained and expanded theirproduction, the ministry said.
Notably, 6.4 billion USD of FDI was injected into underwayprojects, up 10.6 percent compared to the same period of 2019.
Meanwhile, 2,523 new projects were licenced with combinedcapital totaling 14.56 billion USD, a year-on-year decrease of 35 percent and12.5 percent, respectively.
In the year, foreign investors focused on 19 sectors, led byprocessing-manufacturing with 13.6 billion USD, accounting for 47.7 percent ofthe total.
Electricity production and distribution drew 5.1 billionUSD, while real estate attracted nearly 4.2 billion USD and retail and wholesale1.6 billion USD.
In 2020, Vietnam saw the investment coming in from 112countries and territories./.
VNA
