The infographic shows FDI pledged in Viet Nam in the 11 months of 2019.— Source: VNA The country lured US$31.8 billion in foreign direct investment (FDI) in the first 11 months of 2019, up 3 per cent year-on-year, according to the Foreign Investment Agency (FIA). Of the figure, $14.68 billion was poured into more than 3,470 new projects, up 28 per cent for the number of projects but down 7 per cent in terms of capital. Up to $5.87 billion was pledged to 1,256 existing projects, equivalent to 80 per cent of the value from a year ago, but up 20 per cent in the terms of the number of projects. During the period, foreign firms invested $11.24 billion in Viet Nam through capital contributions and share purchases, representing a yearly rise of 47 per cent and accounting for 35.4 per cent of the total registered capital. The eleven-month FDI disbursement reached an estimated $17.69 billion, surging 7.2 per cent over the same period last year, the FIA said. Notably, from January to November, the number of business delegations arriving in Viet Nam to seek investment opportunities increased by 30 per cent compared to last year’s corresponding period. Most of… Read full this story
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