Foreign investors pump over US$28.5bil into Vietnam in 2020


Rolled steel being manufactured at the Japan-invested JFE Shoji Steel Hải Phòng Company in the northern port city of Hải Phòng. — VNA/VNS

HANOI (Vietnam News/ANN): Foreign direct investment (FDI) registered in Vietnam hit US$28.53 billion in 2020, a year-on-year decline of 25 per cent due to the significant impact of the Covid-19 pandemic, a report from the General Statistics Office (GSO) revealed.

About 2,523 new projects were licensed with capital totalling $14.6 billion, down 35 per cent in the number of projects and 12.5 per cent in registered capital.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Vietnam , foreign investment , 2020

   

Next In Aseanplus News

Kenneth Ma and Moses Chan secure "No.1 brother" status in TVB anniversary group photo
China mother jailed for abandoning son with brain injuries inflicted during family dispute
Asean news headlines as at 10pm on Thursday (Nov 21)
World Bank outlines path for Vietnam to reach high income status
Hun Sen urges diplomacy on Ko Kut, legal action on extremism
Bangladesh ex-PM Khaleda Zia makes first public appearance in six years
Hanoi prepares for temperature drop as cold front approaches
'This episode is totally heartbreaking' says top promoter Kharisma Music; initiates legal proceedings against singer Aishah Retno for loss of income and slander
Malaysia re-elected to Uncitral for 2025-2031 term
Cambodia jails another govt critic for defamation

Others Also Read