Eleven-month FDI inflows near US$31.4 bln

14:39 - 05/12/2024

Viet Nam attracted nearly US$31.4 billion in foreign direct investment (FDI) as of November 30, a year-on-year rise of 1 percent, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

During January-November, foreign investors injected US$17.39 billion in 3,035 new projects, up 0.7 percent and 1.6 percent in terms of capital and number of projects, respectively.

Meanwhile, 1,350 projects had their capital increased with a total amount of more than US$9.93 billion, up 40.7 percent in the project number, and up 12.9 percent in capital year-on-year.

Capital contributions and share purchases by foreign investors fell by 39.7 percent to US$4.06 billion.

Foreign investors poured investment capital in 18 out of 21 economic sectors, with the processing and manufacturing industry attracting the largest share of over US$20.2 billion, or 64.4 percent of the total.

The real estate sector came second with more than US$5.63 billion, followed by wholesale and retail sale industry with nearly US$1.37 billion, and electricity production and distribution with US$1.12 billion.

Singapore was the biggest investor among 110 countries and territories investing in the nation in the reviewed period with nearly US$9.14 billion. South Korea was the runner-up with US$3.89 billion.

Bac Ninh was the top recipient destination with nearly US$5.04 billion, followed by Quang Ninh and Ho Chi Minh City, with US$2.29 billion and US$2.28 billion, respectively.

In the January-November period, the amount of disbursed investment valued US$21.68 billion, up 7.1 percent against the same period last year./.

source: chinhphu.vn

Eleven-month FDI inflows near US$31.4 bln

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