FDI hits14.59 bln USD

The Vietnam-ASEAN trade relations have been thriving and reaped remarkable results over the years. After COVID-19, bilateral trade recovered and enjoyed growth in 2021, exceeding 70 billion USD and posted a year-on-year surge of 30%.

Vietnam’s agro-forestry-fishery exports were estimated to hit 32.3 billion USD in the first seven months of 2022, up 12.2% against the same period last year. Four commodities with export value exceeding 2 billion USD included coffee, rice, shrimp and wooden products.

The index of industrial production posted a year-on-year rise of 8.8 percent in the first seven months of this year.

As of July 20, 2022, total newly registered and adjusted capital together with capital contributions and share purchases by foreign investors surpassed 15.54 billion USD in the first seven months of this year, equivalent to 92.93 percent of the same period last year.

In the first seven months of this year, Vietnam’s total investment abroad neared 358.76 million USD, or about 63% against the figure in the same period of 2021.