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FDI registration touches over US$ 18 billion

01:53 - 24/05/2024

In the first 11 months, foreign direct investment (FDI) registered at US$ 18.103 billion, representing a year-on-year soar of 89.5%, according to the Foreign Investment Agency (FIA).

Illustration photo

Total disbursed FDI valued US$ 14.3 billion, posting a year-on-year growth of 8.5%.

Foreign investors pumped money into 19 fields, of which the processing and manufacturing industries drew the most sum with a combined US$ 13.41 billion from  907 newly-registered projects and 766 existing ones with additional capital.

The real estate sector ranked second by attracting over US$ 740 million, including 49 newly-registered projects.

Scientific area was positioned at third place by absorbing more than US$684.84 billion.

The Republic of Korea was the largest FDI provider by pouring US$ 5.29 billion of FDI (accounting for 29.2% of total FDI investment in Viet Nam); followed by Singapore with US$ 2.05 billion (making up 11.3%); Japan with US$ 1.95 billion (10.8%).

The northern seaport city of Hai Phong was the largest FDI recipient locality with 45 newly-registered projects and 35 additional capital ones worth US$ 2.74 billion and making up 15.2% of total.

Excluding crude oil, the FDI sector earned US$ 111.979 billion in export turnover, representing a year-on-year surge of 10.3%, dominating 70.2% of total export turnover.

The FDI sector imported US$ 92.831 billion of goods, up 3.6% against the same period last year, making up 59.2% of national import volume./.

source: chinhphu.vn

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