10 billion USD of foreign investment goes to processing, manufacturing in Vietnam
(VOVWORLD) - Foreign investors’ newly registered capital, adjusted capital, contributed capital, and purchased shares totaled 21.2 billion USD as of September 20, according to the Ministry of Planning and Investment.
An electronic circuit board production line at South Korea-invested Nexcon Vietnam Co., Ltd., in Bac Ninh province. (Photo: VNA)
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Nearly 1,950 new projects with a total registered capital of 10.36 billion USD were licensed. Foreign investors invested in 18 sectors, of which the processing and manufacturing industry received the most capital of nearly 10 billion USD. Power production and distribution ranked second with over 4.3 billion USD, followed by real estate and retail and wholesale with total registered capital of 3.2 billion USD and 1.3 billion USD.
In the past 9 months, 111 countries and territories invested in Vietnam. Singapore was the biggest investor with total investment capital of 6.77 billion USD. South Korea ranked second with 3,17 billion USD. China ranked third with 1.87 billion USD, followed by Japan, Thailand, and Taiwan (China).