Saturday, November 23, 2024
31 C
Brunei Town

Latest

Vietnam sets new benchmark for FDI disbursement

HANOI (XINHUA) – Total foreign direct investment (FDI) disbursed in Vietnam in the first seven months of 2024 is estimated to rise 8.4 per cent year-on-year to USD12.25 billion, a record for the seven-month period in five years, according to the General Statistics Office.

The processing-manufacturing sector saw the largest amount at USD9.98 billion. It was followed by real estate business at USD1.14 billion, and production and distribution of electricity, gas, hot water, steam and air conditioning at USD481.1 million.

As of July 20, foreign investment in Vietnam reached over USD18 billion, a year-on-year increase of 10.9 per cent, said the office.

Among the 62 countries and regions with newly-licensed projects in Vietnam in the first seven months of this year, Singapore ranked first with USD4.55 billion in investment.

Fruit vendors in Hanoi. PHOTO: AFP
spot_img

Related News

spot_img