Foreign direct investment (FDI) inflow to Vietnam in the first ten months of 2013 reached 19.2 billion U.S. dollars, a year-on-year increase of 65.5 percent, according to the Ministry of Planning and Investment on Friday. As of Oct. 20, as many as 1,050 new FDI projects have been licensed with a total registered capital of 13.1 billion U.S. dollars, 79 percent higher than last year's level. Meanwhile, 393 existing projects expanded their capital of 6.1 billion dollars. Most FDI projects were in the manufacturing and processing sectors, which bagging 14.9 billion dollars, accounting for 77.6 percent of the total registered amount. The electricity distribution and production industry attracted two billion dollars (10.4 percent), and the remaining amount by other industries. During the reviewed period, the northern Thai Nguyen province took the lead nationwide in FDI attraction with nearly 3.39 billion dollars, followed by the southeastern Binh Thuan province with 2.03 billion dollars, northern Hai Phong with 1.84 billion dollars, and central Binh Dinh province with 1.09 billion dollars. The Republic of Korea tops the list of Vietnam's largest foreign investors, with its total investment worth more than 3.58 billion dollars, followed by Singapore with 2.72 billion dollars, China with 2.2 billion dollars and Japan with 1.15 billion dollars. In the first ten months of 2013, the FDI sector pocketed 72.8 billion dollars from its exports, a year-on-year increase of 22.3 percent, while it spent 61.9 billion dollars for imports, up 25.7 percent. As a result, the sector recorded a trade surplus of 10.9 billion dollars during the reviewed period. As of Oct. 20, the FDI projects disbursed about 9.6 billion dollars, representing a year-on-year increase of 6.4 percent, reported the ministry.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor