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Vietnam attracts more foreign investment in 8 months

HANOI
2023-08-29 11:45

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HANOI, Aug. 29 (Xinhua) -- Vietnam attracted an estimated foreign investment of nearly 18.15 billion U.S. dollars in the first eight months of this year, up 8.2 percent year on year, according to the country's Ministry of Planning and Investment on Tuesday.

During the period, Vietnam licensed 1,924 new foreign direct investment (FDI) projects with a total registered capital of over 8.87 billion dollars, surging 69.5 percent in quantity and 39.7 percent in capital year on year.

The country also saw 830 operational FDI projects raising capital by 4.54 billion dollars in total over the eight months, down 39.7 percent in value compared to the same period last year.

From January to August, the disbursed FDI capital in the country totaled 13.1 billion dollars, up 1.3 percent year on year, said the ministry.

Among countries and regions with newly-licensed investment projects in Vietnam during the period, Singapore was the largest source of registered capital with 2.45 billion dollars, followed by China with 1.88 billion dollars, according to the ministry.
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