Vietnam News

Vietnam attracts nearly $31.4B in foreign investment in 11 months

7 décembre 2024
Print Friendly, PDF & Email

Total registered foreign direct investment (FDI) into Vietnam, including new and additional investments, and capital contributions via share purchases, reached $31.4 billion in the first 11 months of 2024.

Nearly $17.39 billion was poured into 3,035 new projects, while $9.93 billion was added to 1,350 existing projects, and $4.06 billion was spent by foreign investors to purchase shares.

In November alone, $4.12 billion worth of FDI was registered, according to the Ministry of Planning and Investment’s Foreign Investment Agency.

In January-November, a total of $21.68 billion was disbursed, up 7.1% against the same period last year.

Foreign investors invested in 18 out of 21 sectors of the national economy. Among these, the processing and manufacturing industry led with total investment capital reaching nearly $20.2 billion, accounting for approximately 64.4% of the total, down 8.7% year-on-year. It was followed by real estate business, with a combined capital of $5.63 billion, or 17.9% of the total, and up 89.1% year-on-year.

In the reviewed period, Vietnam attracted investments from 110 nations and territories, with Singapore topping the list, pouring nearly $9.14 billion into the country, making up 29.1% of the total, up 53.7% year-on-year. The Republic of Korea ranked second, with $3.89 billion, accounting for 12.4% of the total, down 9% year-on-year.

The northern province of Bac Ninh led the nation in terms of FDI capital, with $5.04 billion, or 16% of the total, representing an over threefold increase compared to the same period last year. It was followed by the northern border province of Quang Ninh, with $2.29 billion, making up 7.3%, down 26.3% year-on-year.

Meanwhile, Ho Chi Minh City topped the country in terms of the number of projects.

Vietnam News Agency – December 6, 2024

Articles similaires / Related posts:

  1. Majority of FDI businesses in Vietnam report 2019 losses A new report says about 55 percent of foreign direct investment (FDI) businesses in Vietnam recorded losses, of VND131.4 trillion ($5.72 billion), last year....
  2. Vietnam fights for foreign investors Foreign direct investment in Vietnam continues to increase, rising from US$11.57 billion in July to US$12.8 billion in August 2022, signalling the country’s recovery from COVID-19. The growth is partly due to Hanoi’s consistent efforts to provide a safe and welcoming environment for foreign business through Special Economic Zones (SEZs) — ensuring companies have access to a local workforce in favourable conditions....
  3. Da Nang eyes setting up Vietnam’s first free trade zone Authorities in Da Nang City, central Vietnam have suggested the creation of the country’s inaugural pilot free trade zone (FTZ), which includes incentives for foreigners, aiming to generate a new development boost for the coastal city....
  4. Will Vietnam’s political turmoil shake up foreign investment ? The president’s abrupt resignation suggests uncertainty, but it should not sow doubt about Hanoi’s economy or engagement with the world....
  5. Vietnam finalising plan for fund to attract foreign investment Vietnam’s Ministry of Planning and Investment is finalising a draft plan to set up a fund to help attract foreign investment and maintain the country’s competitiveness, according to a ministry document reviewed by Reuters....

En poursuivant la visite de ce site, vous acceptez l’utilisation de traceurs (cookies) vous permettant juste d'optimiser techniquement votre navigation. Plus d’informations

En poursuivant la visite de ce site, vous acceptez l’utilisation de traceurs (cookies) vous permettant d'optimiser techniquement votre navigation. Aucune information sur votre utilisation de ce site ne sera partagée auprès de quelconques médias sociaux, de sociétés commerciales ou d'agences de publicité et d'analyse. Cliquer sur le bouton "Accepter", équivaut à votre consentement.

Fermer