A corner of the Vietnam-Singapore Industrial Park in Binh Duong (Photo: VNA)

As of September 20, there were 38,379 valid foreign investment projects in Vietnam, with a total registered capital of $455.06 billion, reported the Foreign Investment Agency (FIA) of the Ministry of Planning and Investment.

Accumulated disbursements to date amount to $289.9 billion, that is, 63.7% of the total registered capital still in force.

From January to September, FDI projects disbursed more than USD 15.9 billion, an increase of 2.2% year-on-year and an increase of 0.9 percentage points compared to the first eight months of this year.

Foreign investors poured capital into 19 of the 21 economic sectors.

The manufacturing and processing industry attracted the majority of foreign investment, with almost USD 273.9 billion, or 60.2% of total capital. This was followed by the real estate sector, with nearly USD 67.4 billion, and electricity production and distribution, with more than USD 38.4 billion.

Buyers from 15 markets participated in the Expoamazónica 2023 trade roundtable

In September, new projects from Liechtenstein brought the total number of countries and territories investing in Vietnam to 144.

Of these, the Republic of Korea topped the list with about USD 83 billion, ahead of Singapore with about USD 73 billion, followed by Japan, Taiwan (China) and Hong Kong (China).

Foreign investors poured capital into 19 of the 21 economic sectors

Among the country’s 63 cities and provinces, Ho Chi Minh City led the way in attracting FDI, with around US$57.14 billion. Binh Duong followed with more than US$40.3 billion and Hanoi with almost US$39.5 billion.

Article republished from the Vietnamese state media VNA within the framework of an agreement between both parties to share content. Link to the original article:https://en.vietnamplus.vn/vietnam-records-over-38-000-valid-foreign-invested-projects-fia/268688.vnp

Vietnam News Agency VNA

Vietnam News Agency (VNA) is a state news organization that publishes, disseminates official information, and collects and provides news through various forms of multimedia content for domestic and foreign media agencies.

The VNA operates under a consortium model with 15 news units for domestic and foreign service and representative offices in all 63 cities and provinces nationwide and 30 foreign offices on five continents.

VNA and ReporteAsia have an agreement for content exchange and republication

Source: https://reporteasia.com/negocios/infraestructura/2023/09/28/vietnam-regista-treinta-y-ocho-mil-proyectos-inversion-extranjera/

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