Vietnam's foreign investment inflow surpasses 28 bln USD in nearly 11 months-Xinhua

Vietnam's foreign investment inflow surpasses 28 bln USD in nearly 11 months

Source: Xinhua

Editor: huaxia

2023-11-29 18:25:45

HANOI, Nov. 29 (Xinhua) -- Vietnam attracted nearly 28.85 billion U.S. dollars of foreign investment as of Nov. 20, a year-on-year growth of 14.8 percent, according to the General Statistics Office on Wednesday.

About 20.25 billion dollars of foreign direct investment (FDI) flowed into the country in the first 11 months, a year-on-year increase of 2.9 percent, the office said.

Foreign investors have invested in 56 provinces and cities during the cited period, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

The northern province of Quang Ninh remains the biggest destination of FDI with nearly 3.11 billion dollars.

As of Nov. 20, there were 38,844 valid FDI projects worth almost 462.4 billion dollars in total across Vietnam.

Nearly 294.2 billion dollars of the projects' registered capital was disbursed, equivalent to 63.6 percent, according to the agency.