Disbursement of FDI projects up 9.2% y-o-yThe Saigon Times Daily Workers are seen making bicycle saddles. US$11.25 billion is disbursed to foreign direct investment (FDI) projects in January-August, up 9.2% year-on-year - PHOTO: DAO LOAN HCMC - In the year to August 20, some US$11.25 billion was disbursed to foreign direct investment (FDI) projects, an increase of 9.2% year-on-year, news website Vietnamplus stated, citing a report from the Foreign Investment Agency under the Ministry of Planning and Investment. According to the agency, more than 1,900 new projects were approved in the period with a total investment of US$13.48 billion, up 0.2% over the year-ago period, while 736 active projects received an additional US$5.58 billion, equivalent to 87.2% of similar investments in the same period last year. In addition, foreign investors bought a stake in nearly 4,600 projects nationwide worth US$5.28 billion, up 50.9% year-on-year. Thus, the total capital pledged by … [Read more...] about Disbursement of FDI projects up 9.2% y-o-y
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Vietnam attracts over US$24 billion FDI capital in eight months
Vietnam has attracted US$24.35 billion worth of FDI capital in the first eight months of this year, an increase of 4.2% over the same period in 2017, the Foreign Investment Agency (FIA), under the Ministry of Planning and Investment, has announced. A phone charging cable production line of the KSD Vina Co. Ltd, invested by the RoK (Photo: VNA) Of the total amount, Vietnam posted US$13.48 billion worth of newly registered capital, US$5.58 billion worth of supplemented capital and nearly US$5.28 billion worth of capital contribution and share purchases, up 50.9% compared to the corresponding period last year. During the eight-month period, US$11.25 billion has been disbursed representing an annual increase of 9.2%. Manufacturing remains the most attractive industry for foreign investors, having attracted US$10.72 billion, accounting for nearly 44% of the total registered FDI capital, followed by real estate with a total registered capital of US$5.9 billion, while wholesale and … [Read more...] about Vietnam attracts over US$24 billion FDI capital in eight months
FDI disbursement up 9.2 percent in eight months
Foreign investment was poured into 17 sectors, mainly in the processing and manufacturing industry with 10.72 billion USD, or 44 percent of the total registered investment (Illustrative image. Source: VNA) Hanoi (VNA) – The disbursement of foreign direct investment (FDI) projects was estimated at 11.25 billion USD as of August 20, a year-on-year rise of 9.2 percent, according to the Foreign Investment Agency under the Ministry of Planning and Investment. The country granted investment licences to 1,918 new projects with a total registered capital of 13.48 billion USD, up 0.2 percent year-on-year, and allowed 736 existing projects to increase their capital to a total of 5.58 billion USD, equal to 87.2 percent year-on-year. From January to August, foreign investors contributed capital and purchased shares of 5.28 billion USD, a year-on-year increase of 50.9 percent. The FDI sector exported 110.3 billion USD worth of goods, including crude oil, showing a year-on-year rise … [Read more...] about FDI disbursement up 9.2 percent in eight months
FDI disbursement rises 9.2 percent to over $11 billion
In the first eight months of the year, FDI-registered capital has seen a year-on-year increase of 4.2 percent to $24.35 billion. The country has had 1,918 newly-licensed projects worth nearly $13.48 billion, slight up 0.2 percent compared to same period last year while 736 projects registered to inject additional capital of $5.58 billion. Foreign investors contributed capital and bought shares worth $5.28 billion, a year-on-year surge of 50.9 percent. Foreign investors had injected their capital in 17 industries and fields during the same period. The manufacturing and processing sectors attracted the lion’s share of FDI with $10.72 billion, accounting for 44 percent of total investments. The real estate sector came second with $5.9 billion, making up 24.2 percent of the total, while the wholesale and retail sector ranked third with $1.87 billion just 7.6 percent of the total. Foreign investors from 97 nations and territories have poured investment in Vietnam. Japan held the … [Read more...] about FDI disbursement rises 9.2 percent to over $11 billion
Actual FDI in Vietnam hits US$11.25 billion in 8 months
The Hanoitimes - Foreign direct investment (FDI) commitments in the first eight months totaled US$24.35 billion, up 4.2% year-on-year, according to the investment ministry. As of August 20, disbursement of FDI projects jumped to US$11.25 billion, representing an increase of 9.2% year-on-year, a report of the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment has shown. Illustrative photo. According to the agency, 1,918 new projects have been approved with total investment capital of US$13.48 billion between January and August, up 0.2% from the corresponding period last year, while 736 existing projects have injected an additional US$5.58 billion, equivalent to 87.2% from the same period last year. In the first eight months of 2018, 4,551 projects have had US$5.28 billion in capital contributed by foreign investors, up 50.9% year-on-year. Investors have invested in 17 fields and sectors, in which manufacturing and processing continued … [Read more...] about Actual FDI in Vietnam hits US$11.25 billion in 8 months