FDI disbursement up 9.2 percent in eight months

The disbursement of foreign direct investment (FDI) projects was estimated at 11.25 billion USD as of August 20, a year-on-year rise of 9.2 percent.

The disbursement of foreign direct investment (FDI) projects was estimated at 11.25 billion USD as of August 20, a year-on-year rise of 9.2 percent.

According to the Ministry of Planning and Investment, the country granted investment licences to 1,918 new projects with a total registered capital of 13.48 billion USD, up 0.2 percent year-on-year.

It allowed 736 existing projects to increase their capital to a total of 5.58 billion USD, equal to 87.2 percent year-on-year.

From January to August, foreign investors contributed capital and purchased shares of 5.28 billion USD, a year-on-year increase of 50.9 percent.

The FDI sector exported 110.3 billion USD worth of goods, including crude oil.

Foreign investment was poured into 17 sectors, mainly in the processing and manufacturing industry.

Ninety-seven countries and territories are currently running investment projects in Vietnam. Japan tops the list with 7 billion USD, followed by the Republic of Korea and Singapore.-VNA

VNA