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HANOI / WAM
Vietnam attracted $31.8 billion in Foreign Direct Investment (FDI), in the first eleven months of 2019, up 3 percent year-on-year, according to the Foreign Investment Agency (FIA), under the Ministry of Planning and Investment.
Of the figure, $14.68 billion was poured into 3,478 new projects, up 28 percent for the number of projects but down 7 percent in terms of capital, the Vietnam News Agency (VNA), has reported.
Up to $5.87 billion was pledged to 1,256 existing projects, equivalent to 79.3 percent of the value from a year ago, but up 20 percent in the terms of the number of projects.
During the period, foreign firms invested $11.24 billion in Vietnam through capital contributions and share purchases, representing a yearly rise of 47.1 percent and accounting for 35.4 percent of the total registered capital.
The 11-month FDI disbursement reached an estimated $17.69 billion, surging 7.2 percent over the same period last year, added the FIA.