Foreign investments exceed 24.78 billion USD in nine months

>> High-quality FDI capital continues to flow into Vietnam

>> Bac Ninh: clear increase in value and volume of projects

>> Foreign investment in real estate increases from January to August

In September alone, foreign capital reached nearly USD 4.26 billion, the highest monthly figure of the year and accounting for 17.2% of the nine-month total.

Foreign investors invested in 18 of the 21 economic sectors, with the manufacturing and processing sector leading the way.
Photo : VNA/CVN

Significant investments were notably directed towards large-scale projects in semiconductors, energy, electronic components and high value-added products between January and September.

Foreign investors invested in 18 of 21 economic sectors, with the manufacturing and processing sector leading the way with nearly USD 15.64 billion, or 63.1% of the total registered capital, a slight annual decrease of 0. 4%. Real estate follows with more than USD 4.38 billion, or 17.7% of total registered capital, more than double the figure for the same period last year. Power generation and distribution as well as wholesale and retail trade recorded investments of around USD 1.12 billion and USD 920 million, respectively.

The wholesale and retail sector, meanwhile, leads the number of new projects, accounting for 35% of the total.

By the end of September, 98 countries and territories had invested in Vietnam. Singapore tops the list with USD 7.35 billion, followed by China with over USD 3.2 billion. Other major investors are the Republic of Korea, Hong Kong and Japan.

In terms of new projects, China tops the list, accounting for 29.3% of the total. Meanwhile, the Republic of Korea took the lead in capital adjustments (23.9%) and stock purchases (25.6%).

In the industrial zone of Yên Phong, province of Bac Ninh (North).
Photo : VNA/CVN

Geographically, foreign investors invested capital in 55 cities and provinces in Vietnam in the first nine months. The northern province of Bac Ninh attracted the most capital, with 4.5 billion USD, an increase of 3.47 times compared to the same period last year.

According to the agency, the nine-month export turnover of the foreign-invested sector, including crude oil, was estimated at over USD 217.4 billion, up 14.1 percent. over one year, representing 72.1% of Vietnam’s total export earnings.

The sector recorded a trade surplus of almost USD 38 billion, including crude oil, and over USD 36.5 billion without crude oil. This surplus offset the domestic sector trade deficit of nearly USD 18.2 billion, helping the country achieve an overall surplus of approximately USD 19.8 billion.

VNA/CVN

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