Vietnam's disbursement of foreign direct investment (FDI) hit $ 8.62 billion in Jan 1-Sep 20 this year, increasing 6.4% from a year ago, the local news provider Danviet.vn reported, citing data from the General Statistics Office (GSO).
In Jan 1-Sept 20, 2013, there were 872 newly licensed FDI projects nationwide with a total registered capital of $9.29 billion, down 7.3% on year in volume but up 34.9% on year in value and as many as 340 capital expanded FDI projects with total additional capital of $5.71 billion, down 23.4% on year in quantity but up 37.9% on year in value, GSO's data showed.
FDI flows to Vietnam in Jan 1-Sep 20 for both newly licensed and expanded projects, were estimated at $ 15 billion, making an increase of 36.1% from the same period in 2012.
Processing and manufacturing sector attracted the biggest the attention of foreign investors with $ 12.97 billion, accounting for 86.4% of the country's FDI inflows in the period. Real estate sector ranked second with $588 million, accounting for 3.9%. Technology science sector came third with $380 million, accounting for 2.5% of total FDI investments.
In the year to date, Thai Nguyen Province drew the largest share of FDI, followed by Hai Phong Province, Binh Dinh Province and Ho Chi Minh City.
Japan topped the list of oversea investors in Vietnam in the period with $4.47 billion worth of newly registered and added capital. Singapore stayed second with $3.95 billion and South Korea stayed third with $2.64 billion. Russia came fourth with $1.02 billion.
Source StoxPlus.
