11-month FDI disbursement increases 6.2%
The Foreign Investment Agency's latest figures showed that disbursed foreign direct investment (FDI) hit US$11.2 billion in the first 11 months of this year, rising 6.2% year-on-year.
According to the agency, which is under the Ministry of Planning and Investment, foreign investors poured US$17.33 billion into Vietnam so far this year — equivalent to 83.3% of the investment year-on-year — in which US$13.41 billion was invested in 1,427 new FDI projects.
Meanwhile, US$3.92 billion was added to the registered capital of more than 500 existing projects.
The agency report revealed that the processing and manufacturing industry continued to be the most attractive sector for FDI, with 689 new projects, and newly registered and additional capital of US$13.15 billion, accounting for 75.9% of the total FDI in the 11-month period.
The property sector ranked second, with 32 new projects and newly registered and additional capital of US$1.27 billion, or 7.3% of the total FDI, followed by the construction sector with US$1.02 billion, a share of 5.9%.