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FDI capital realized in Vietnam in the first 7 months of the year reached a record

Công LuậnCông Luận19/11/2024


Despite the world's macroeconomic problems, FDI inflows into Vietnam in the first 7 months of the year still showed positive signs, showing the attractiveness of the domestic market to foreign investors.

Figures from the Foreign Investment Agency show that in the first 7 months of the year alone, foreign investment capital in Vietnam reached 18 billion USD, an increase of 10% over the same period last year.

FDI capital implemented in Vietnam in the first 7 months of the year set a record, figure 1

FDI inflows realized in Vietnam in the first 7 months of the year reached a record high (Photo TL)

FDI capital implemented in Vietnam in the first 7 months of the year reached 12.55 billion USD, up 8.4% over the same period. This is also the highest FDI capital implemented in the past 5 years, showing the recovery trend of capital flows to expand the scale of factories in Vietnam.

In fact, the manufacturing sector in Vietnam is also being positively evaluated by many foreign units, participating deeply in the global supply chain.

According to HSBC, the country's average export volume has increased by 13% per year since 2007. Foreign-invested enterprises account for a large proportion. Most notably, capital flows from South Korea, with Samsung recording a total investment of 20 billion USD.

Chinese companies are also increasing their investment in the Vietnamese market, accounting for 20% of total newly registered capital in Vietnam.

The increased FDI inflows into Vietnam are considered to be the result of the Government’s supportive policies. In addition, competitive labor costs, lower than some countries in the region, and low electricity prices are the driving forces to attract foreign investors.



Source: https://www.congluan.vn/von-fdi-thuc-hien-tai-viet-nam-trong-7-thang-dau-nam-dat-ky-luc-post307244.html

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