Last updated: Tuesday, January 17, 2017
FDI Registration Touches over US$18 Bln
Posted: Wednesday, November 30, 2016
In the first 11 months, foreign direct investment (FDI) registered at US$18.103 billion, representing a year-on-year soar of 89.5 per cent, according to the Foreign Investment Agency (FIA).
Total disbursed FDI valued US$14.3 billion, posting a year-on-year growth of 8.5 per cent.
Foreign investors pumped money into 19 fields, of which the processing and manufacturing industries drew the most sum with a combined US$13.41 billion from 907 newly-registered projects and 766 existing ones with additional capital.
The real estate sector ranked second by attracting over US$740 million, including 49 newly-registered projects.
Scientific area was positioned at third place by absorbing more than US$684.84 billion.
The Republic of Korea was the largest FDI provider by pouring US$5.29 billion of FDI (accounting for 29.2 per cent of total FDI investment in Viet Nam); followed by Singapore with US$2.05 billion (making up 11.3 per cent); Japan with US$1.95 billion (10.8 per cent).
The northern seaport city of Hai Phong was the largest FDI recipient locality with 45 newly-registered projects and 35 additional capital ones worth US$2.74 billion and making up 15.2 per cent of total.
Excluding crude oil, the FDI sector earned US$111.979 billion in export turnover, representing a year-on-year surge of 10.3 per cent, dominating 70.2 per cent of total export turnover.
The FDI sector imported US$92.831 billion of goods, up 3.6 per cent against the same period last year, making up 59.2 per cent of national import volume./.