January FDI nears 1.7 billion USD

Updated: 17:26, 30/01/2023

Vietnam attracted foreign direct investment (FDI) worth 1.69 billion USD as of January 20 this year, down 19.8% annually, according to the General Statistics Office (GSO).

•Positive FDI attraction to Bac Giang province

•FDI disbursement highest in past five years

•Nearly 693 million USD of registered investment added to FDI projects in Bac Giang

In the month, local authorities granted licences for 153 new FDI projects worth 1.2 billion USD, up 48.5% in number and 3.1 times in value.

January FDI nears 1.7 billion USD.

Among these projects, those related to wholesale, retail, and repair of automobiles and motorised vehicles accounted for the lion’s share of the total registered sum, at 54.1% or 651.9 million USD. They were followed by those in the processing and manufacturing industry, which together registered 351.2 million in capital.

Also in January, 28 foreign countries and territories invested in Vietnam. Singapore was the largest with 767.6 million USD, followed by China with 198.2 million USD.

Meanwhile, Vietnamese investors poured 126.7 million USD on their projects overseas, increasing by 3.4 times against the same month in 2022.

Bac Giang provincial leader extends Tet greeting to FDI enterprises

(BGO) – On December 19, Vice Chairman of the Bac Giang provincial People’s Committee (PPC) Phan The Tuan led a delegation to visit and extend Tet greeting to three foreign directed investment (FDI) companies in Quang Chau industrial park (Viet Yen district), including Fuyu Precision Technology Company Limited, Nichirin Vietnam Company Limited and Lens Vietnam Company Limited.

FDI exceeds 22.46 billion USD in the first 10 months of 2022

The foreign direct investment (FDI) reached over 22.46 billion USD in the first 10 months of 2022, according to the Ministry of Planning and Investment.

FDI inflows reach 22.46 billion USD in 10 months

Foreign capital inflows fell whereas disbursed capital rose in the first 10 months of 2022, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

Vietnam attracts over 18.7 billion USD of FDI in nine months

Vietnam attracted more than 18.7 billion USD in foreign direct investment (FDI) in the first nine months of 2022, according to the Ministry of Planning and Investment.

FDI influx prompts Vietnam to improve business environment: experts

A recent strong influx of foreign direct investment (FDI) to Vietnam has prompted the government to design long-term policies and create a favourable and transparent environment for foreign investors to operate in a long term in the country, according to experts.

Source: VNA