FDI Disbursement Reaches Five-Year High in Vietnam

Hanoi: Foreign direct investment (FDI) inflows into Vietnam maintained strong growth momentum over the past 11 months while the disbursed capital reached the highest level in five years, according to the National Statistics Office (NSO) under the Ministry of Finance. Specifically, the disbursed FDI between January and November was estimated at 23.6 billion USD, up 8.9% year on year and also the highest level recorded over the past five years.

According to Vietnam News Agency, the NSO reported that total registered foreign investment during the period reached 33.69 billion USD, rising 7.4% from a year earlier. Of this, newly registered capital exceeded 15.95 billion USD, down 8.2% annually due to the absence of large-scale projects. Meanwhile, capital poured into existing projects increased by 17% to nearly 11.62 billion USD, and capital contributions and share purchases surged 50.7% to almost 6.12 billion USD.