FDI inflows pick up up 4.4 pct despite COVID-19 infection spike

VGP – Viet Nam attracted US$22.15 billion in foreign direct investment (FDI) in the first nine months, a year-on-year increase of 4.4 percent amidst the outbreaks of COVID-19, official statistics show.

September 25, 2021 5:48 PM GMT+7

Viet Nam's Foreign Direct Investment (FDI) attraction and disbursement over the first nine months during 2017-2021 period.

Of the total figure, newly-registered capital reached US$15.5 billion, up 20.6 percent while additional investment capital stood at US$6.4 billion, a rise of 25.6 percent, said the Foreign Investment Agency, under the Ministry of Planning and Investment.

Meanwhile, due to negative impacts of COVID-19, disbursement of FDI capital fell by 3.5 percent to US$13.28 billion.

Among 94 nations and territories investing in Viet Nam, Singapore took the lead with US$6.3 billion, making up 28.4 percent, followed by the RoK (US$3.9 billion) and Japan (US$3.3 billion).

The southern province of Long An ranked first among 58 localities in attracting FDI with US$3.6 billion, making up 16.4 percent.

FDI sector reported a trade surplus of US$18.2 billion (including crude oil) over reviewed period.

By Thuy Dung