Real estate and heavy industry have attracted the most attention from foreign investors over the past few months, said the Foreign Investment Department under the Ministry of Planning and Investment. Industry led with 5.3 billion USD, followed by services with 4.25 billion USD.
The Republic of Korea (RoK) took the lead in FDI in Vietnam, with 2.4 billion USD in ten months, accounting for 21.6 percent of the total. The nexr biggest are the British Virgin Island, with 1.7 billion USD and Singapore, with 1.3 billion USD.
In October alone, 99 FDI projects were newly granted with 1.46 billion USD, raising the figure in the first 10 months to 9.75 billion USD (roughly 1.144 projects).
With 1.65 billion USD, FDI attraction in October increased 28.5 percent over that of September, raising the figure in ten months to 11.2 billion USD, an increase of 36.4 percent over the same period last year.
Ba Ria – Vung Tau still remained in first position for attracting FDI, with 18 projects, worth around 1 billion USD in steel and thermo-electric projects. Ho Chi Minh City and Hanoi took second and third position with 987 million USD and 896 million USD.
The average capital for each projects rose to 8.5 milllion USD, higher that that of the same period of last year.
The Foreign Investment Department announced a series of projects worth 50 billion USD that will arrive Vietnam in the near future, especially a project by the TATA steel group from India. FDI capital will continue to surge for the rest of the year and is expected to exceed the yearly target
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