Vietnam attracted foreign investment of USD19.5 billion in the first eight months of this year, seeing a year-on-year decrease of 13.7 per cent, according to its General Statistics Office said yesterday.
Specifically, Vietnam licenced 1,797 foreign direct investment (FDI) projects with total registered capital of USD9.7 billion and saw 718 operational FDI projects raising their capital by USD4.9 billion, according to the office.
Between January and August, foreign investors also spent USD4.9 billion buying shares or contributing capital to Vietnamese firms, down 48.2 per cent on-year.
Among the USD11.4 billion FDI disbursed, 71.1 per cent were poured into the processing and manufacturing sector, 14.9 per cent into the real estate sector, and seven per cent into the electricity, gas, hot water, steam and air-conditioner production and distribution sector.
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Source: Vietnam Insider