Vietnam attracts $12.7 billion fdi in 11 months

The General Statistics Office has reported that as of November, Vietnam attracted nearly US$12.7 billion in foreign direct investment (FDI), equivalent to 83.8 percent as against the same period last year.

Of this amount, $9.9 billion is newly registered capital from 919 projects and $2.8 billion in increased capital from 324 projects.

The processing and manufacturing industry attracted the largest registered capital of $6.2 billion, followed by the energy industry with $2.5 billion, and the construction sector with $1.1 billion.

During the first 11 months, 48 cities and provinces licensed new FDI projects in Hai Duong receiving $2.5 billion, or 25.2 percent of the country’s total capital value.

Hai Duong was followed by Ho Chi Minh City with $1.9 billion or 19.4 percent of the country’s total capital, Ba Ria-Vung Tau with $880.8 million or 8.9 percent, Hai Phong with $594.4 million or 6 percent, Hanoi with $513.1 million or 5.2 percent.

Tags: invest in Vietnam, Vietnam FDI, Vietnam FDI 2011, Vietnam investment

Posted by VBN on Dec 6 2011. Filed under Investment. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry