Vietnam's FDI attraction in 2017 biggest in 10 years
HANOI, Dec. 20 (Xinhua) — Vietnam is poised to attract foreign direct investment (FDI) of 35 billion U.S. dollars in 2017, the biggest amount over the past 10 years, according to the country’s Foreign Investment Agency on Wednesday.
Vietnam is also set to see FDI projects’ realized capital of 17 billion U.S. dollars in 2017, the biggest amount over the past 30 years.
By the end of November 2017, Vietnam had housed 24,580 valid FDI projects with total registered capital of over 316.9 billion U.S. dollars. Of the capital, 58.4 percent were poured into processing and manufacturing industries, 16.6 percent into real estates, and 6.6 percent into production and distribution of electricity, gas and running water.
As of late last month, accumulated realized capital of FDI projects had amounted to nearly 170.9 billion U.S. dollars, said the agency under the Ministry of Planning and Investment.
By that time, over 100 countries and regions had had valid investment projects in Vietnam, with South Korea topping the list with total registered capital of 57.5 billion U.S. dollars, followed by Japan and Singapore.