HCMC – Total registered foreign direct investment (FDI) in Vietnam had reached over US$18 billion in the year to July 20, a 10.9% increase over the same period last year, said the General Statistics Office.
FDI disbursements in the period rose by 8.4% year-on-year to US$12.55 billion.
New FDI approvals expanded by 35.6% to US$10.76 billion, the Vietnam News Agency reported, quoting the Foreign Investment Agency at the Ministry of Planning and Investment. There were 1,816 new FDI projects, up by 11.6% year-on-year.
In July this year alone, new FDI approvals amounted to US$2.8 billion, accounting for 15.6% of the January-July total.
According to the General Statistics Office, among 91 countries and territories investing in Vietnam, Singapore led with total pledged capital of nearly US$6.5 billion, up 79% year-on-year.
In the first seven months, Bac Ninh received the most investment capital, at nearly US$3.2 billion, followed by Quang Ninh with US$1.6 billion and HCMC with over US$1.4 billion.
