2021 FDI attraction up 9.2%

FDI attraction continued to rise in 2021 despite Covid-19, according to figures from the Foreign Investment Agency (FIA).

As of December 20, total newly-registered, additional, and paid-in capital for share purchases by foreign investors reached $31.15 billion, up 9.2 per cent year-on-year.

There were 1,738 new projects with total capital of over $15.2 billion, 985 projects that added a total of $9 billion, and 3,797 instances of paid-in capital for share purchases totaling $6.9 billion.

Foreign investors invested in 18 of the 21 sectors in Vietnam’s economy. Processing and manufacturing again led the way, with over $18.1 billion, accounting for 58.2 per cent of the total.

There were 106 countries and territories investing in Vietnam this year. Singapore topped the list, with over $10.7 billion in capital, accounting for 34.4 per cent of the total, followed by South Korea with nearly $5 billion and Japan with nearly $3.9 billion.

Northern Hai Phong city attracted the most capital, with over $5.26 billion, accounting for 16.9 per cent of the total. The Mekong Delta’s Long An province followed, with over $3.84 billion, then Ho Chi Minh City with nearly $3.74 billion.