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Vietnam Attracts US$15 Bil Of FDI In Nine Months
Author: Updated: 17/10/2013 Views: 1


Vietnam attracted more than US$15 billion of foreign direct investment (FDI) in the first nine months of this year, a surge of 36.1 percent year-on-year, according to the latest report by the Ministry of Planning and Investment (MPI).

Of the figure, US$9.294 billion was poured into 872 newly-licenced projects, a yearly increase of 34.9 percent, while the rest US$5.71 billion was added to 340 running projects, up 37.9 percent.

An estimated US$8.62 billion was disbursed, up 6.4 percent compared to the figure of the same period in 2012.

The processing and manufacturing industry led all sectors in attracting FDI with 400 new projects and nearly US$13 billion in both total new and additional capital, accounting for 86.4 percent of the total amount.

Real estate followed with US$588.11 million, while the science and technology sector came next with US$380.59 million.

Japan topped the list of 48 countries and territories investing Vietnam, with US$4.736 billion, accounting for 31.6 percent of the total registered FDI, followed by Singapore with US$3.95 billion and the Republic of Korea, US$2.636 billion.

Fifty provinces and cities nationwide welcomed foreign investors in the reviewed period. The northern central province of Thanh Hoa attracted the largest amount of FDI capital with US$2.92 billion, followed by the northern midland province of Thai Nguyen and the northern port city of Hai Phong with US$2.158 billion and US$1.94 billion, respectively.

The Foreign Investment Agency under the MPI announced that exports of the FDI sector (including sales of crude oil) in the nine-month period are estimated to exceed US$63 billion, a 22 percent rise year-on-year and accounting for 66 percent of the country's total export earnings.

Source VOV.


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