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    Vietnam attracts USD36.6b in foreign investment in 2023

    HANOI (XINHUA) – Vietnam attracted around USD36.6 billion in foreign investment in 2023, a rise of 32.1 per cent year on year, the General Statistics Office has reported.

    Among those, some 23.18 billion dollars were disbursed, an increase of 3.5 per cent compared to the previous year, posting the highest level of foreign direct investment (FDI) in Vietnam in the recent five years.

    According to the Foreign Investment Agency under the Ministry of Planning and Investment, the major investment destinations in the Southeast Asian country in 2023 included Ho Chi Minh City, Hai Phong, Quang Ninh, Bac Giang, Hanoi, Bac Ninh, Binh Duong, and Dong Nai.

    In 2023, foreign investors invested in 18 out of 21 economic sectors in the country, with processing-manufacturing receiving USD23.5 billion or 64.2 per cent of the total FDI capital, up 39.9 per cent year on year.

    In 2023, the foreign investments to Vietnam came from 111 countries and regions, led by Singapore with over USD6.9 billion, accounting for 18.6 per cent of the total FDI inflow.

    Rice fields in Long An Province’s Mộc Hoá District, Vietnam. PHOTO: ANN/VIET NAM NEWS
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