The Foreign Investment Agency (FIA) at the Ministry of Planning and Investment has reported that total newly-registered capital, additional capital, capital to buy shares, and capital contributions from foreign investors came to some $22.46 billion in the first ten months of the year, down 5.4 per cent year-on-year but 9.9 percentage points higher than the nine-month figure.

Newly-registered capital was down 23.7 per cent year-on-year to $9.93 billion but up month-on-month and 19.3 percentage points higher than the nine-month figure, with 1,570 projects being granted investment licenses, a 14.2 per cent increase year-on-year.

Foreign investment went to 18 of Vietnam’s 21 economic sectors, with processing and manufacturing continuing to lead with more than $12.9 billion, or 57.5 per cent of the total.

Additional capital and capital contributed to buy shares again increased. There were 880 projects adding capital, up 13.4 per cent year-on-year, with capital totaling more than $8.74 billion, up 23.3 per cent, while there were 2,997 instances of capital contributed to buy shares, down 2.2 per cent, with more than $3.79 billion in capital, an increase of 4.5 per cent.

Investment came from 103 countries and territories. Singapore led, with more than $5.34 billion, or 23.8 per cent of the total, down 21.1 per cent year-on-year. Japan was second, with over $4.19 billion, accounting for 18.7 per cent and up 23.8 per cent, followed by South Korea with over $3.9 billion, or 17.4 per cent.