FDI attraction hits $18 bln in 7M

Vietnam attracted FDI capital of over $18 billion this year,  as of July 20, up 10.9% year-on-year, according to the Foreign Investment Agency (FIA) at the Ministry of Planning and Investment.

Meanwhile, the disbursed FDI capital reached more than $12.55 billion in the period, a year-on-year increase of 8.4%. 

There were 1,816 new FDI projects granted investment licenses, with total registered capital of $10.76 billion, a year-on-year surge of 11.6% and 35.6%, respectively.

In July alone, the country lured over $2.8 billion in FDI, accounting for 15.6% of the total registered FDI capital in the first seven months.

Foreign investors invested in 18 of Vietnam’s 21 economic sectors, with manufacturing and processing topping the list with $12.65 billion, or 70.3% of the total and up 15.7% year-on-year. Real estate followed, attracting nearly $2.87 billion, accounting for nearly 16% of the total and soaring 78%.

There were 91 countries and territories investing in Vietnam during the seven-month period. Singapore remained the largest investor with a total registered investment capital of nearly $6.52 billion, accounting for 36.2% of the total and up 79.1%.