Business

Ten-month FDI grows 37 percent to 28 billion USD

About 28.24 billion USD in foreign direct investment (FDI) was poured into Vietnam between January and October, up 37.4 percent year on year, said the Foreign Investment Agency under the Ministry of Planning and Investment.
Ten-month FDI grows 37 percent to 28 billion USD ảnh 1An electronic product manufacturing line of the Republic of Korea-invested LG Electronics Vietnam (Photo: VNA)

Hanoi (VNA) –About 28.24 billion USD in foreign direct investment (FDI) was poured intoVietnam between January and October, up 37.4 percent year on year, said theForeign Investment Agency under the Ministry of Planning and Investment.

The sum included capital registered for new andexisting projects and capital for buying stakes and contributing to chartercapital of existing companies.

As of October 20, FDI projects had disbursed14.2 billion USD, 11.8 percent more than in the same period last year.

[Infographics: Sectors attract the most FDI in the first 9 months of 2017]

With 7.62 billion USD, the Republic of Korea isthe biggest among the 112 countries and territories investing in Vietnam,making up 27 percent of total FDI.

It is followed by Japan, which invested 6.07billion USD, or 21.5 percent of total FDI, according to the Foreign InvestmentAgency.-VNA
VNA
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