Vietnam attracts FDI of nearly 19 billion USD

(VOVWORLD) - In the first seven months of 2020, Vietnam attracted a total sum of more than 18.8 billion USD, equivalent to 93.1 percent in the same period last year. 
Vietnam attracts FDI of nearly 19 billion USD - ảnh 1

In July alone, Vietnam attracted 3.15 billion USD in  (FDI) and capital for share purchases, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment. FDI flowed into 18 sectors in January-July, led by the manufacturing and processing industry with total registered capital of more than 8.96 billion USD. Power production and distribution ranked second with a total registered capital of 3.95 billion USD. Vietnam saw the FDI inflow coming from 104 countries and territories from the beginning of this year.

Singapore was the largest investor in the period which registered investments of 6.44 billion USD, followed by the Republic of Korea with 2.8 billion USD, and China with 1.7 billion USD. In terms of new projects, the Republic of Korea ranked first with 421 projects, China came second with 237 projects and Japan came third with 175 projects.