FDI flows into Vietnam go up 14.8% in 11 months
HCM City accounts for 10.7% of the total FDI recorded during the first 11 months of this year. (Photo: VNA) |
The northern province of Quang Ninh remains the biggest destination of FDI with nearly 3.11 billion USD, up 42.3% from the period last year. It is followed by Ho Chi Minh City with over 3.08 billion USD, Hai Phong city 2.8 billion USD, Bac Giang province 2.7 billion USD, and Hanoi 2.6 billion USD.
HCM City, accounting for 10.7% of the total FDI, takes the lead in the numbers of new projects (38%), those with additional capital (25.3%), and capital contributions to or purchases of shares at domestic companies (66.6%), statistics show.
As of November 20, there were 38,844 valid FDI projects worth almost 462.4 billion USD in total across Vietnam. Nearly 294.2 billion USD of the projects’ registered capital was disbursed, equivalent to 63.6%, according to FIA.
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