Topic: FDI inflows

Among the 44 countries and territories investing in Vietnam in the two-month period, China is the largest investor with $679.8 million.

In the first nine months of 2024, the north central province attracted 94 direct investment projects, a 36.2% increase year-on-year.

2,865 new FDI projects were granted investment licenses in the January-November period, a rise of 58.1 per cent year-on-year.

FDI inflows into north-central province hit $1 billion for the first time.

Northern province licensed 44 projects in October alone with capital of $47.18 million.

The $1.12 billion result is double the target the north-central province set for all of 2023.

Outward investment from developed countries shows signs of slowing due to high inflation and low demand for goods, among other factors.

Southern city attracted over $3.97 billion in FDI during the year, or 14.2 per cent of the total.

Northern province welcomes FDI of more than $1.6 billion in 2021-2022, equal to 80 per cent of the figure in the entire 2021-2025 period.

2022 marks the first time the north-central province has been listed among the top 10 localities with the largest FDI inflows.