Vietnam Attracted Less Foreign Investment In 10 Months

HANOI – Vietnam attracted an estimated foreign investment of more than 22.46 billion U.S. dollars, in the first 10 months of this year, down 5.4 percent, year on year, according to the country’s Ministry of Planning and Investment, yesterday.

 

During the period, Vietnam licensed 1,570 new foreign direct investment (FDI) projects, with a total registered capital of nearly 9.93 billion dollars, up 14.2 in quantity, but down 23.7 percent in capital, year on year.

 

The country also saw 880 operational FDI projects raise capital by more than 8.74 billion dollars in total, over the 10 months, up 23.3 percent.

 

From Jan to Oct, the disbursed FDI capital in the country totalled about 17.45 billion dollars, up 15.2 percent, year on year, said the ministry.

 

Among countries and regions with newly licensed investment projects in Vietnam during the period, Japan was the largest source of registered capital with 2.95 billion dollars, followed by Singapore with 1.65 billion dollars, according to the ministry.

 

Source: Nam News Network

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