FDI in first ten months touches US$10.48 billion

The Department of Foreign Investment under the Ministry of Planning and Investment has announced that till October 20 there were 881 foreign direct investment projects in Vietnam with a total investment capital of US$6.68 billion, accounting for 63.3 percent of FDI.

In the past 10 months, many existing projects registered to increase their investment capital for an additional $3.8 billion, an increase of 12.3 percent year-on-year. Thus, foreign investors have registered to pump $10.48 billion into Vietnam in the first ten months of this year, accounting for 75.3 percent compared to the same period last year.

Industrial manufacturing and processing sectors still attract the most investment with new and additional investments of $6.9 billion. Real estate sector comes next with investments of $1.84 billion. Wholesale and retail sectors rank third with $455.8 million.

Japan continues to lead the list of major investors in Vietnam with newly registered and additional capital of $4.92 billion.

By A.Thu – Translated by Thuy Doan

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