The public investment disbursed in 2021 has reached 77.3% of the target set by the Prime Minister, lower than the rate of 82.66% recorded last year, according to the Ministry of Finance (MoF).

Foreign direct investment (FDI) registered in Vietnam reached US$26.46 billion as of November 20, up 0.1% year on year, according to the Ministry of Planning and Investment.

The Vietnamese Government continues to consider official development assistance (ODA) as an important capital source and allocate part of it for socio-economic development in the mid-term public investment plan, said Permanent Deputy Prime Minister Pham Binh Minh.

Only over VND220.7 trillion (US$9.7 billion) worth of public investment capital was disbursed by the end of August, or 40.6% of the plan assigned by the Prime Minister.

Vietnam’s wood industry secured 63 new foreign direct investment (FDI) projects worth US$372.68 million in 2020, down 36% and 49% on-year, respectively.

With a surge in capital contribution and share purchase, foreign capital investment in education in Vietnam rose by nearly 58% to US$78.89 million in the first nine months of this year despite the COVID-19 pandemic, reported the Ministry of Planning and Investment’s Foreign Investment Agency.