Vietnam attracts 31.8 billion USD in FDI in 11 months

(VOVWORLD) - Vietnam attracted 31.8 billion USD in foreign direct investment (FDI) in the past11 months, up 3 percent, according to the Foreign Investment Agency (FIA) of the Ministry of Planning and Investment.

From January to November, foreign investors who contributed capital or bought shares were on the sharp rise. The number of business delegations arriving in Vietnam to seek investment opportunities was 30 percent higher than last year. FDI has mainly focused on processing and manufacturing, real estate, wholesale and retail trade, and science and technology.

Among the 117 countries and territories investing in Vietnam, China’s Hong Kong retained its lead as the largest investor with nearly 6.7 billion USD, followed by the Republic of Korea, Singapore, China and Japan.

Hanoi was the largest FDI recipient during the period with over 6.8 billion USD, 21.5 percent of the total. Ho Chi Minh City ranked second, followed by Binh Duong, Dong Nai, and Bac Ninh province.

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