Vietnam's FDI attraction soars in the nine-month period
According to the recent report of the Ministry of Planning and Investment, in the first nine months of 2015, the total capital of foreign direct investment (FDI) registered in Vietnam reached 17.15 billion USD, soaring 53.4% against the same period last year.
The Foreign Investment Department under the Ministry of Planning and Investment revealed that from the beginning of this year, Vietnam attracted 17.15 billion USD of FDI, up 53.4% from the same period last year.
As of September 20, the country granted investment licences to 1,432 new foreign-invested projects worth 11.03 billion USD, up 44.5% over the same period last year. Meanwhile, it also allowed 461 operating projects to raise their capital by 6.11 billion USD, surging 72.6% year-on-year.
During the period, the FDI disbursement was estimated to reach 9.65 billion USD, up 8.4% from the same period a year ago.
The Ministry of Planning and Investment evaluated that the newly-licensed large-scale projects in August and September spurred the FDI surge in the first nine months of 2015.
The large-scale projects receiving licences in the reviewed period included Malaysia-invested Duyen Hai 2 thermo-electricity in southern Tra Vinh province capitalised at 2.4 billion USD and the 3 billion USD-expansion of Korean Samsung Display's project in Bac Ninh Industrial Zone.
In the January - September period, foreign investors poured their capital into 49 provinces and cities, with the Republic of Korea remaining the top investors, followed by the UK, British Virgin Islands, and Hong Kong (China).
Manufacturing and processing remained their most attractiveness, and real estate came in second.
Besides, by the end of September, the total value of the country's ODA signed reached 2.729 billion USD, equivalent to 75.5% over the same period last year.
The ODA disbursement in the period was estimated at 3.3 billion USD, or 80.5% over the same period a year ago.
As of September 20, the country granted investment licences to 1,432 new foreign-invested projects worth 11.03 billion USD, up 44.5% over the same period last year. Meanwhile, it also allowed 461 operating projects to raise their capital by 6.11 billion USD, surging 72.6% year-on-year.
Photo for illustration
|
The Ministry of Planning and Investment evaluated that the newly-licensed large-scale projects in August and September spurred the FDI surge in the first nine months of 2015.
The large-scale projects receiving licences in the reviewed period included Malaysia-invested Duyen Hai 2 thermo-electricity in southern Tra Vinh province capitalised at 2.4 billion USD and the 3 billion USD-expansion of Korean Samsung Display's project in Bac Ninh Industrial Zone.
In the January - September period, foreign investors poured their capital into 49 provinces and cities, with the Republic of Korea remaining the top investors, followed by the UK, British Virgin Islands, and Hong Kong (China).
Manufacturing and processing remained their most attractiveness, and real estate came in second.
Besides, by the end of September, the total value of the country's ODA signed reached 2.729 billion USD, equivalent to 75.5% over the same period last year.
The ODA disbursement in the period was estimated at 3.3 billion USD, or 80.5% over the same period a year ago.
12:17, 2025/02/25
Vietnam eyes top 3 in investment environment in ASEAN next 2 years: Party Chief
A key objective is to trim off at least 30% of administrative procedures and cut both business costs and unofficial fees.
18:03, 2025/02/22
Vietnam attracts South Korean tech investment at SEMICON Korea 2025
The event provided a platform for Vietnam to showcase its semiconductor potential and reaffirm its commitment to developing high-tech industries and strengthening international cooperation.
16:46, 2025/02/20
Swedish group plans US$1 billion investment in Binh Dinh recycling plant
By creating a large number of jobs and promoting a green economy, the initiative is important in establishing Vietnam as a global hub for the circular textile sector.
10:52, 2025/02/13
Samsung plans to invest in AI, semiconductors in Vietnam
Vietnam will continue improving its investment environment and driving strategic breakthroughs in order to usher in a new era of economic development.
17:20, 2025/02/07
Vietnam's data center construction costs among the lowest in Asia Pacific
The country has a lot of potential to become one of the most important data markets in the region.
21:05, 2025/02/03
Bright prospects for FDI inflows into Vietnam in 2025
Market size, growth potential, low labor costs, and stable political and social conditions continue to be Vietnam’s selling points in attracting foreign investors.
- Foreign companies confirm investment expansion in Vietnam in 2025
- PM invites Skoda to manufacture electric vehicles in Vietnam
- US Berggruen Holdings to help Vietnam set up investment funds
- Vietnam releases Esports White Book 2022-2023
- Aircraft manufacturer Embraer seeks comprehensive aviation partnership with Vietnam
- Better links with FDI firms to support Hanoi businesses