Vietnam attracted investment from 111 countries and territories in 2023, with Singapore, Japan, and Hong Kong (China) being the top investors.
The nation has seen a surge in new projects, with over $20.19 billion channelled into 3,188 initiatives, reflecting a 62.2 per cent increase in capital and a 56.6 per cent rise in the number of projects year on year. Additional funding for ongoing projects fell by 22.1 per cent to $7.88 billion.
Notably, investments through capital contributions and share purchases surged to over $8.5 billion, a significant leap of 65.7 per cent over the previous year, albeit with a slight decrease in transaction volume, said Vietnamese media reports quoting the agency.
The year's investment has spanned across diverse regions, notably Ho Chi Minh City, Hai Phong, and several other economic hotspots, attracting substantial funds across 18 different sectors. The processing-manufacturing sector took the lead, securing $23.5 billion or 64.2 per cent of the total FDI, followed by real estate and power production sectors.
ALCHEMPro News Desk (KD)
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