Vietnam's FDI expected to hit $39-40 bn in 2024: Govt agency

21 Oct '24

1 min read

Vietnam's FDI expected to hit $39-40 bn in 2024: Govt agency

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Vietnam expects to attract $39-40 billion in FDI this year, the Foreign Investment Agency said.
In the first nine months this year, the total registered foreign investment capital reached over $24.78 billion, an increase of 11.6 per cent YoY.
The country attracted more than $4.26 billion in FDI in the nine months, accounting for 17.2 per cent of the total registered capital in that period.

Vietnam expects to attract $39-40 billion in foreign direct investment (FDI) this year, according to forecasts by the Foreign Investment Agency (FIA) under the ministry of planning and investment.

In the first nine months this year, the total registered foreign investment capital reached over $24.78 billion, an increase of 11.6 per cent year on year (YoY).

The country attracted more than $4.26 billion in FDI in the nine months, accounting for 17.2 per cent of the total registered capital in that period, a domestic news agency reported.

Bac Ninh, Binh Duong and Dong Nai provinces announced their development plans and conducted investment promotion activities in September and many projects were granted new and expanded investment certificates.

The total registered investment capital, or the additional investment capital alone, therefore, reached the highest level since the year began.

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