Bắc Ninh
Vietnam lures 31.4 billion USD in foreign capital in 11 months
Total registered foreign direct investment into Vietnam during January- November period of this year reached 31.4 billion USD, reported the Ministry of Planning and Investment’ s Foreign Trade Agency.
Foreign investors poured nearly 17.4 billion USD into 3,035 new projects, while 9.93 billion USD was added to 1,350 existing projects, and 4.06 billion USD was spent by foreign investors to purchase shares.
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Vietnam lures 31.4 billion USD in foreign capital in 11 months. |
The agency said that in November alone, 4.12 billion USD worth of FDI was registered.
In the first 11 months of this year, a total of 21.68 billion USD was disbursed, up 7.1% against the same period last year. Foreign investors invested in 18 out of 21 sectors of the national economy, with processing and manufacturing industry on the lead.
Registering 9.14 billion USD, Singapore was the biggest investor among 110 countries and territories investing in the nation in the reviewed period, followed by the Republic of Korea, China, Hong Kong (China), and Japan.
The northern province of Bac Ninh led the nation in terms of foreign capital, while Ho Chi Minh City topped the country in terms of the number of projects.
Vietnam’s goal is not only to participate in the global value chain but also to build an advanced and attractive semiconductor industry ecosystem in the region and the world, which will help the country achieve self-reliance and sustainable development in this field. Currently, Vietnam has met the necessary conditions to be ready to welcome and cooperate with enterprises and investors from all over the world in the semiconductor industry.
BAC GIANG - The Industrial Parks Management Board (IPMB) in Bac Giang province has just granted investment registration certificates to two projects with a total registered capital of 83 million USD.
BAC GIANG- The provincial Department of Industry and Trade and Bac Giang International Logistics Company Limited jointly held a conference to promote trade and investment from China in Bac Giang province. The conference was attended by leaders of some related departments, agencies and businesses of Bac Giang province and the working delegation of Chongzuo city, China’s Guangxi province on November 19.
Vietnam's industrial sector is experiencing significant transformation, supported by strong foreign direct investment (FDI) flows, large-scale infrastructure projects, and a favourable regulatory environment, thus attracting a new wave of investment from foreign investors, experts have said.
As an investment attraction of numerous leading technology corporations, Vietnam sees many opportunities to attract foreign direct investment (FDI) into electronic components manufacturing.
The northern province of Bac Giang will continue attracting foreign direct investment (FDI) projects in the time ahead, prioritising those using high-tech or relating to supporting industries and high-quality services, local authorities have said.
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