FDI disbursement surges 7.6% in Jan-Aug
Viet Nam has disbursed US$8.5 billion of FDI in the first eight months, representing a year-on-year surge of 7.6%, according to the Foreign Investment Agency (FIA).
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The FIA under the Ministry of Planning and Investment reported that in the January-August period, the amount of newly registered and additional FDI valued US$13.33 billion, year-on-year growth of 30.4%.
Accordingly, 1,219 new projects worth US$7.87 billion got investment licenses. Meanwhile, 389 existing FDI projects added US$5.46 billion, up 82.8% against the same period last year.
In the reviewed period, foreign investors joined in 17 sectors of which the processing and manufacturing industry was the most attractive, absorbing US$10.35 billion and accounting for 77.7% of a total registered capital. Real estate and wholesale and retail sale followed with US$1.82 billion and US$311.08 million.
The Republic of Korea was the biggest FDI investor with US$5.26 billion (accounting for 39.5% of total investment); followed by the UK with US$1.25 billion (9.39%).
The northern province of Bac Ninh absorbed US$3.33 billion of FDI capital, making it the most attractive locality./.
source: chinhphu.vn
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