Vietnam lures over 16 billion USD in foreign investment in 7 months
Monday, July 31,2023AsemconnectVietnam - Vietnam attracted approximately 16.24 billion USD in foreign direct investment (FDI) from the beginning of this year to July 20, up 4.5% year-on-year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
In the period, there were 1,293 newly-registered projects with a combined capital of 7.94 billion USD, up 75.5% in the number of projects and 38.6% in capital compared to the same period last year.
Meanwhile, 2.93 billion USD, down 42.5% year-on-year, was added to 736 existing projects, up 27.1% year-on-year.
The value of capital contribution and share purchase deals rose by 60.7% to 4.16 billion USD.
The manufacturing and processing sector led in FDI attraction, with 10.93 billion USD. It was followed by real estate (1.61 billion USD).
In the January-July period, there were 94 countries and territories pouring capital into Vietnam, in which Singapore topped the list with 3.64 billion USD, down 15.5% year-on-year. It was followd by the Republic of Korea (2.34 billion USD) and China (2.33 billion USD).
Those investors poured their capital into 52 provinces and cities in the period, with Hanoi receiving the lion's share - 2.28 billion USD, up 2.76 times year-on-year. Hai Phong came second with over 2 billion USD, up 96.5%, followed by Ho Chi Minh City.
As of July 20, FDI disbursement was estimated at 11.58 billion USD, up 0.8% year-on-year.
Source: Vietnamplus.vn
Vietnam to earn over 4 billion USD from rice exports this year: MARD
Vietnam cashew market update: Opportunities and challenges
Vietnam rice market update: Their highest price in more than a decade
Vietnamese footwear products introduced in India
Vietnam textile market update: Challenges on all fronts
DAILY: Vietnamese pepper prices increased by 500 VND on July 28
DAILY: Vietnamese coffee prices increased by 400 VDN on July 28
Animal feed import markets in first 6 months of 2023
Vietnam’s imports of raw materials for animal feed production in first 6 months of 2023
Cashew exports remain a silver lining
Garment industry advised to switch to green production
DAILY: Vietnamese pepper prices remained unchanged on July 27
DAILY: Vietnamese coffee prices increased by 300 VDN on July 27
Int’l expo on garment industry kicks off in HCM City
Plan on implementing national strategy on climate change ...
Actively and effectively adapting, reducing vulnerability, loss and damage due to climate change; reduce greenhouse gas emissions ...Scheme on attracting, restructuring and improving quality ...
Urban development plan of Binh Phuoc province in a period ...
Plan on implementing Decision No. 327/QD-TTG dated March ...
Hung Kings Temple Festival 2023 kicks off
The Hung Kings Temple Festival 2023 and the Culture and Tourism Week of Ancestral Land 2023 kicked off in the northern province of Phu Tho ...Vietnam trounce Palestine at AFC U-17 Women's Asian ...
Phu Tho: Festival honours UNESCO intangible cultural ...
Saigontourist Group Food and Culture Festival 2023 opens
Vietnam’s top swimmer Huy Hoang to hold Vietnamese flag at ...