December 01, 2022 | 08:05 GMT+7

11M FDI attraction at $25.14bln

Anh Nhi -

Figure down 5 per cent as additional capital and disbursement among the bright spots.

A worker at a foreign enterprise in southern Dong Nai province. Photo: VNA
A worker at a foreign enterprise in southern Dong Nai province. Photo: VNA

Vietnam attracted $25.14 billion in FDI in the first eleven months of this year, down 5 per cent year-on-year, according to the Foreign Investment Agency (FIA) at the Ministry of Planning and Investment.

Of the figure, newly-registered capital posted a yearly decline of 18 per cent, to $11.5 billion, while capital contributions and share purchases declined by 7 per cent year-on-year to nearly $4.08 billion.

One bright spot in the period was additional capital, which surged 23.3 per cent year-on-year to $9.54 billion, the FIA noted.

Disbursed capital also saw a healthy increase, of 15 per cent to $19.68 billion; the highest figure in the first eleven months since 2017.

Additional capital continues to maintain its growth momentum and confirms the confidence of foreign investors in Vietnam’s economy and investment environment.

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