Disbursement of foreign direct investment (FDI) in the first 11 months of this year increased by 9.9 percent over to the same period last year to reach 9.95 billion USD, according to the Foreign Investment Agency (FIA).

74 new foreign-invested projects were licensed in November, worth a combined 512 million USD.

During the 11-month period, the nation attracted 13.3 billion USD in FDI, down 40 percent against the same period last year. The country has set a target of drawing 22-25 billion USD in FDI this year.

However, there was no change in additional investment to existing this month compared to the previous month which saw 420 million USD invested in 57 ongoing projects, the FIA noted.

The Netherlands remained the leading source of foreign investment in Vietnam with 2.32 billion USD, followed by the Republic of Korea with 2.28 billion USD and the US with 1.92 billion USD.

Over the 11 month period, the processing and manufacturing sector attracted the largest share of FDI, accounting for 4.37 billion USD. Production, air-conditioning, electricity and water distribution contributed 2.94 billion USD, while the real estate sector ranked third, hitting 2.85 billion USD./.