Viet Nam absorbed over US$14.36 billion of foreign direct investment (FDI) in the first eight months, representing a year-on-year surge of 7.7%, according to the Foreign Investment Agency (FIA).
Viet Nam absorbed over US$14.36 billion of foreign direct investment (FDI) in the first eight months, representing a year-on-year surge of 7.7%, according to the Foreign Investment Agency (FIA).
As of August 20, 1,619 FDI projects got business licenses with a total registered capital of US$ 9.795 billion, up 24.3% against the same period last year.
Meanwhile, 770 projects received additional capital worth US$ 4.571 billion, up 83.7% against the same period last year.
The FIA reported that foreign investors partook in 19 fields especially processing, manufacturing (678 newly-registered projects and 551 additional capital projects).
Real estate ranked second with 34 projects with US$ 836.2 million (accounting for 5.8% of total) ; followed by the scientific and technological sector with US$ 622.3 million (4.3%).
In the January-August period, 65 countries and territories poured investment in Viet Nam of which the Republic of Korea took the lead with US$ 4.8 billion and occupied 33.4% of total investment.
Singapore was positioned second place with US$ 1.679 billion of investment and made up 11.6% of total FDI. Japan was placed third place with US$ 1.46 billion.
Up to 53 provinces and cities got FDI capital of which the northern city of Hai Phong was the biggest recipient with US$ 2.02 billion; followed by Ha Noi (with US$ 1.782 billion); Dong Nai and Binh Duong provinces (with US$ 1.59 billion and US$ 1.38 billion)./.
(Source:VGP)
