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Vietnam’s FDI disbursement highest in five years

Vietnam’s disbursement of foreign direct investment (FDI) in January – September recorded its highest level in five years, reaching 18.8 billion USD, a year-on-year increase of 8.5%, the National Statistics Office of Vietnam under the Ministry of Finance revealed on October 6.

Supporting and hi-tech industries drive FDI attraction to Dong Nai. (Photo: VNA)
Supporting and hi-tech industries drive FDI attraction to Dong Nai. (Photo: VNA)

Hanoi (VNA) – Vietnam’s disbursement of foreign direct investment (FDI) in January – September recorded its highest level in five years, reaching 18.8 billion USD, a year-on-year increase of 8.5%, the National Statistics Office of Vietnam under the Ministry of Finance revealed on October 6.

Breaking down the figure, 15.56 billion USD was disbursed in manufacturing and processing, 1.37 billion USD in the realty market, and 598.7 million USD in electricity, gas, steam, and air conditioning production and distribution.

Total registered foreign investment as of September 30 stood at 28.54 billion USD, up 15.2% year on year. This figure included newly registered capital, adjusted investment capital, and share purchases by foreign investors.

During the nine months, authorities granted licences to 2,926 new projects with a total registered capital of 12.39 billion USD. While the number of projects increased by 17.4% compared to the same period last year, registered capital declined by 8.6 %.

Meanwhile, adjusted capital for 1,092 projects surged 48% to 11.32 billion USD. Foreign investors also injected 4.84 billion USD through capital contributions and share purchases, up 35% from last year.

Geographically, Singapore was Vietnam’s leading investor, registering 3.43 billion USD. China followed with 2.88 billion USD, while Hong Kong (China) invested 1.06 billion USD. Sweden emerged as a notable investor at 1 billion USD, alongside Japan (918.4 million USD), Taiwan (China) (778.9 million USD), and the Republic of Korea (565.2 million USD)./.

VNA
#FDI disbursement #highest in five years #foreign direct investment #National Statistics Office
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