Nine Months of Investment Draws US$20 Billion to Vietnam
FDI inflows to Vietnam have reached over $20 billion in the first nine months of the year, according to the Foreign Investment Agency. This includes $10.23 billion from 2,254 newly registered projects, a rise of 66.3% in the number of projects and 43.6% in capital. In addition, $5.15 billion was added to 934 existing projects, and the value of capital contributions and share purchase deals reached over $4.82 billion. Despite a slight decrease in the growth rate, FDI disbursement saw positive signs, reaching over $15.9 billion, up 2.2% on-year. Experts attribute these positive signs to the Government’s effective solutions in supporting enterprises and removing difficulties to facilitate further FDI disbursement. Since the signing of the EU-Vietnam Free Trade Agreement (EVFTA) in 2019, European enterprises have invested in 2,250 projects worth $26 billion in Vietnam. The number of projects registering to adjust their investment capital has also increased, demonstrating foreign inve...