Manufacturing-processing attract most FDI capital
Processing and manufacturing industries attracted as much as four fifths
of foreign-invested capital in the first 11 months of this year,
accounting for nearly 16.1 billion USD.
Processing and manufacturing industries attracted as much as four fifths
of foreign-invested capital in the first 11 months of this year,
accounting for nearly 16.1 billion USD.
It is noteworthy that many major corporations raised their investment in the country, reflecting their growing confidence in the investment and business environment in Vietnam , according to Do Nhat Hoang, Director of the Foreign Investment Agency.
The RoK’s Samsung Group is a typical example, as apart from investing 5.7 billion USD in Bac Ninh and Thai Nguyen provinces, it is working on a plan to build a thermoelectricity plant in the central province of Ha Tinh . The group has also shown interest in several projects on airport, ship building and oil refinery.
Also in recent months, the Nghi Son oil refinery, invested by Japanese, Kuwaiti and Vietnamese investors, in the central province of Thanh Hoa saw an additional 2.8 billion USD in investment.
According to statistics released by the Ministry of Planning and Investment's Foreign Investment Agency, a total of 20.8 billion USD in foreign direct investment (FDI) was poured into Vietnam in the first 11 months of 2013, 54.2 percent higher year-on-year.
Over 13 billion USD of the amount came from 1,175 newly licensed projects and the remaining 7 billion USD was from additions to the existing 446 projects.
The FDI flow has also reached 53 out of the total 54 provinces and cities in the country. The northern midland province of Thai Nguyen took the lead with 3.357 billion USD, accounting for 16.1 percent of the total capital. Thanh Hoa province and the northern port city of Hai Phong followed with 2.9 billion USD and 2.6 billion USD respectively.
Of 54 countries and territories investing in Vietnam , the largest investor remained Japan with total capital of almost 5.7 billion USD, accounting for 27.3 percent of total invested capital in the country.
Singapore and the Republic of Korea ranked second and third, with 4.2 billion USD and 4.1 billion USD respectively.
FDI disbursement in the period was estimated at 10.55 billion USD, up 5.5 percent from the same period last year.
It is noteworthy that many major corporations raised their investment in the country, reflecting their growing confidence in the investment and business environment in Vietnam , according to Do Nhat Hoang, Director of the Foreign Investment Agency.
The RoK’s Samsung Group is a typical example, as apart from investing 5.7 billion USD in Bac Ninh and Thai Nguyen provinces, it is working on a plan to build a thermoelectricity plant in the central province of Ha Tinh . The group has also shown interest in several projects on airport, ship building and oil refinery.
Also in recent months, the Nghi Son oil refinery, invested by Japanese, Kuwaiti and Vietnamese investors, in the central province of Thanh Hoa saw an additional 2.8 billion USD in investment.
According to statistics released by the Ministry of Planning and Investment's Foreign Investment Agency, a total of 20.8 billion USD in foreign direct investment (FDI) was poured into Vietnam in the first 11 months of 2013, 54.2 percent higher year-on-year.
Over 13 billion USD of the amount came from 1,175 newly licensed projects and the remaining 7 billion USD was from additions to the existing 446 projects.
The FDI flow has also reached 53 out of the total 54 provinces and cities in the country. The northern midland province of Thai Nguyen took the lead with 3.357 billion USD, accounting for 16.1 percent of the total capital. Thanh Hoa province and the northern port city of Hai Phong followed with 2.9 billion USD and 2.6 billion USD respectively.
Of 54 countries and territories investing in Vietnam , the largest investor remained Japan with total capital of almost 5.7 billion USD, accounting for 27.3 percent of total invested capital in the country.
Singapore and the Republic of Korea ranked second and third, with 4.2 billion USD and 4.1 billion USD respectively.
FDI disbursement in the period was estimated at 10.55 billion USD, up 5.5 percent from the same period last year.
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