Vietnam attracts US$24.09 billion in FDI in seven months

VOV.VN - Vietnam recorded US$24.09 billion in registered foreign direct investment (FDI) in the first seven months of this year, marking a 27.3% year-on-year increase, according to the National Statistics Office (NSO).

Of the total, newly registered FDI reached US$10.03 billion, additional capital for existing projects totaled US$9.99 billion, and capital contributions and share purchases amounted to US$4.07 billion.

As many as 2,254 new projects were granted investment registration certificates, with a total registered capital of nearly US$10.03 billion. Tthe manufacturing and processing sector remained the leading FDI magnet, attracting US$5.61 billion.

Among the 74 countries and territories with newly licensed investment projects in Vietnam, Singapore was the largest investor with US$2.84 billion, followed by China with US$2.27 billion, Sweden with US$1.0 billion, and Japan with US$865.8 million.

Meanwhile, seven-month FDI disbursement was estimated at US$13.6 billion, up 8.4% year on year, the highest in the past five years.

Of this total, the manufacturing and processing sector accounted for US$11.1 billion; real estate activities US$1.09 billion; and the production and distribution of electricity, gas, hot water, steam, and air conditioning US$505.2 million.

In contrast, Vietnamese businesses invested US$398.9 million in 105 projects abroad, 3.2 times higher than the same period last year.

Additionally, 20 existing projects registered capital adjustments, with an increase of US$129.6 million, 4.5 times higher year on year.

Vietnamese investment flowed into 33 countries and territories, with Laos receiving the most at US$150.3 million, followed by the Philippines US$61.8 million and Indonesia US$60.5 million.

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Transparent business environment draws sustained FDI inflows

VOV.VN - Foreign direct investment (FDI) in Vietnam continues to grow steadily, even amid global economic fluctuations, as rising project numbers and capital adjustments reflect strong investor confidence in both new and existing operations, according to the Foreign Investment Agency under the Ministry of Finance.

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