Vietnam Rakes In Over US$25.7 Billion In Foreign Direct Investments In 10 Months
Vietnam attracted some US$25.76 billion in foreign direct investments (FDI) from the start of this year to 20 October 2023, a year-on-year growth of 14.7%, according to General Statistics Office’s latest data.
Source: Vietnam Plus
During the cited period, Vietnam recorded 2,608 newly-registered FDI projects with a total investments of US$15.29 billion, reported Xinhua quoting a Vietnam News Agency report.
Among the 18 economic sectors that received FDI during this period, the processing and manufacturing industry took the lead with nearly US$18.84 billion, accounting for almost 73.1% of the total and rising 45.8% year on year.
A total of 108 countries and regions poured money into Vietnam from January to October with Asian investors dominating the FDI flows into Vietnam, according to the Ministry of Planning and Investment.
China ranked the first in terms of the number of new projects during the cited period, accounting for 21.7% of the total.
Vietnam lured close to US$18.15 billion in foreign direct investments (FDI) from the beginning of this year to 20 August 2023, up 8.2% year-on-year, according to the Foreign Investment Agency under the Ministry of Planning and Investment. In the period, there were 1,924 newly-registered projects with a combined capital of US$8.87 billion, up 69.5% and 38.6% compared to the same period last year, respectively.
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