Vietnam received over 12.63 billion U.S. dollars from foreign direct investment (FDI) in the first eight months of this year, a year-on-year increase of 19.5 percent, according to the Ministry of Planning and Investment on Monday. Specifically, 769 new FDI projects were granted licenses during the reviewed period, with a total registered capital of over 7.4 billion dollars, up 12.2 percent year on year. Meanwhile, 297 on-going projects expanded their capital of over 5.22 billion dollars, up 31.7 percent. Manufacturing and processing sector attracted the most FDI capital with nearly 10.82 billion dollars, accounting for 85.7 percent of the total registered amount. Real estate came next, luring over 588.1 million dollars, accounting for 4.7 percent. Among 47 foreign countries and regions investing in the country so far this year, Japan topped the list with newly registered and expanded investment of 4.35 billion dollars (accounting for 34.5 percent of the total), followed by Singapore with 3.78 billion dollars (29.9 percent) and Russia with 1.01 billion dollars (8.1 percent). Central Thanh Hoa province took the lead among 50 cities and provinces having received FDI in the first eight months with over 2.81 billion dollars, accounting for 22.3 percent of the country' s total amount. Northern Thai Nguyen province was followed with 2. 15 billion dollars (17.1 percent) and northern Bac Ninh province with 1.39 billion dollars. The export value of the FDI sector (excluded crude oil) during the reviewed period reached 51.24 billion dollars, a year-on-year increase of 26 percent and accounting for 60.42 percent of the country's total export value. Meanwhile, the FDI sector spent 48.29 billion dollars for the imports, up 25.1 percent and making up 56.55 percent of the total import value. As a result, the FDI sector earned a trade surplus of 7.81 billion dollars, while the country hit a trade deficit of 577 million dollars. As of Aug. 20, the FDI projects disbursed 7.56 billion dollars, an increase of 3.8 percent compared to the same period last year, 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