(VOVWORLD) -Vietnam attracted over 22.6 billion USD in foreign direct investment (FDI) in the first eight months of this year.
 Vietnam attracts 22.6 billion USD of FDI in 8 months (Photo: baodautu.vn) |
According to the Foreign Investment Agency, more than 9 billion USD was poured into 2,400 new projects while an additional 4 billion USD was pledged to existing projects. Foreign investors also invested another 9.5 billion USD through capital contributions and share purchases.
During the same period, FDI disbursement rose 6.3% to reach nearly 12 billion USD. Manufacturing remained the most attractive sector to foreign investors, followed by property trading and wholesale and retail.
Among the 103 countries and territories investing in Vietnam, Hong Kong (China) was the largest investor at 5.6 billion USD, while the Republic of Korea and Singapore came second and third.
A breakdown of recipients shows that Hanoi received the largest share of FDI in the January-August period with 5.6 billion USD, followed by Ho Chi Minh City and Binh Duong province.