FDI inflow into Vietnam still on upturn trend

Despite impacts of the COVID-19 pandemic, the inflow of foreign direct investment into Vietnam still rose 4.4 percent year on year in the first nine months of this year to 22.15 billion USD.

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An upturn was recorded in both value of investment to new projects as well as additional capital to existing ones.

Specifically, 12.5 billion USD was poured into more than 2,200 newly-licensed projects, up 20.6 percent over the same period last year, while 6.4 billion USD was added into underway projects, a rise of over 25 percent.

Particularly, Vietnam saw many large-scale FDI projects in the January-September period.

Experts say the result manifested the attractiveness of the Vietnamese market and foreign investors’ confidence in Vietnam’s capacity in controlling the pandemic and its economic recovery as well as the effectiveness of measures taken by the Government to accompany and support businesses./.

VNA