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Foreign direct investment in first 11 months up slightly

Updated: 18:01, 27/11/2021
Total foreign direct investment (FDI) pledges to Vietnam in the first 11 months of 2021 were estimated at 26.46 billion USD, up slightly by 0.1% compared with the same period last year.

Disbursement during the period reached 17.1 billion USD, down 4.2% from the previous year, according to the Foreign Investment Agency.

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As of November 20, there were 34,424 active FDI projects in Vietnam, with total pledges of 405.9 billion USD, of which 61.3% or 249 billion USD have been disbursed.

During the January-November period, Singapore was the largest foreign investor in Vietnam, with 7.6 billion USD, followed by the Republic of Korea with 4.36 billion USD and Japan with 3.7 billion USD.

Long An was the largest recipient of FDI, attracting 3.76 billion USD. Ho Chi Minh City came second with 3.43 billion USD and Hai Phong came third with 2.8 billion USD.

Manufacturing was the most attractive sector to foreign investors, receiving pledges of 14 billion USD, followed by power generation and distribution with 5.7 billion USD.

Exports by foreign-invested firms, including oil, rose 19.7% during the first eleven months to nearly 220.2 billion, accounting for 73.6% of Vietnam’s total exports.

The foreign sector also imported 195.5 billion worth of goods, up 29.5% and accounted for 65.5% of the country’s total.

September bounce boosts Vietnam's FDI figures
Foreign Direct Investment (FDI) inflow this year as of September 20 grew by more than 4 percent year-on-year thanks to gains recorded this month.
Bac Giang stimulates FDI flows in new normal condition
(BGO) - Along with many localities in the country, Bac Giang province has been heavily affected by the Covid-19 pandemic. Recognizing its advantages and overcoming difficulties, the province has achieved high results in attracting investment, especially foreign direct investment (FDI). However, to continue to stimulate this capital flow, breakthrough solutions are needed.
Vietnam may attract US$30 billion in FDI this year: experts
Vietnam may attract about US$30 billion in foreign direct investment (FDI) in 2021, posting a year-on-year rise of 2%, economists forecast, pointing to positive signs in FDI attraction in the first eight months of 2021 despite the complexities of Covid-19.
Bac Giang ranks eight in FDI attraction
(BGO) – In spite of impact by Covid-19 pandemic, Bac Giang province drew nearly 800 million USD of foreign direct investment (FDI) in seven months, accounting for nearly 67 percent of the yearly target, including 21 new domestic projects and 13 FDI ones with registered capital of 613 million USD, over two folds year on year increase. The figure helped the province rank eight nationwide in FDI attraction.  
Vietnam among world's top 20 host economies for FDI
Vietnam was named among the world’s top 20 host economies for foreign direct investment for the first time in 2020 with an inflow of 16 billion USD.

Source: NDO

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