Vietnam attracts $27.26 bln of FDI in 10M

Vietnam attracted FDI capital of $27.26 billion in the past ten months, a year-on-year increase of 1.9%, according to the General Statistics Office (GSO).

Some 2,743 new FDI projects were granted investment licenses in the period, with total registered capital of $15.23 billion, up 1.4% year-on-year in project numbers but down 2.5% in capital.

Meanwhile, over $8.3 billion was added to 1,151 existing FDI projects, soaring 41.7% compared to the same period last year.

Foreign investors also injected more than $3.68 billion into 2,669 capital contribution and share purchase deals during the period, down 29.9% year-on-year.

The processing and manufacturing industry took the lead in FDI attraction, with over $9.79 billion, or 64.2% of the total. It was followed by the real estate industry with $3.24 billion, accounting for 21.3% of the total.

Among 106 countries and territories investing in Vietnam in the first ten months, Singapore took the lead with a total investment capital of more than $7.79 billion, accounting for 28.6% of the total and up 61.3% year-on-year. China ranked second with over $3.61 billion and up 5.4% year-on-year.

The disbursement of FDI capital was estimated at $19.58 billion during the ten-month period, a year-on-year growth of 8.8%.