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Vietnam's foreign investment attraction decreases in 11 months

Source: Xinhua| 2018-11-28 12:44:13|Editor: Yang Yi
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HANOI, Nov. 28 (Xinhua) -- Vietnam has so far lured foreign investment of 30.8 billion U.S. dollars this year, seeing a year-on-year decline of 6.8 percent, according to its Foreign Investment Agency on Wednesday.

Of the 30.8 billion U.S. dollars, nearly 23.2 billion U.S. dollars were registered capital of 2,714 new foreign-invested projects and additional capital of some existing projects, and the remainder was the money foreign investors used to buy shares or contribute capital to Vietnamese firms.

Among the total foreign investment of 30.8 billion U.S. dollars in the 11-month period, 46.2 percent was poured into the local processing and manufacturing sector, 21.3 percent in real estate trading, and 10 percent in wholesales and retails, said the agency under the Ministry of Planning and Investment.

From January to November, realized capital of foreign-invested projects in Vietnam stood at 16.5 billion U.S. dollars, up 3.1 percent on-year, the agency said.

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