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Vietnam's FDI disbursement in 2024 reports record high

Source: Xinhua

Editor: huaxia

2025-01-06 18:47:45

HANOI, Jan. 6 (Xinhua) -- Vietnam's foreign direct investment (FDI) disbursement in 2024 reported a record high at about 25.35 billion U.S. dollars, up 9.4 percent year-on-year, Vietnam News cited the Foreign Investment Agency under the Ministry of Planning and Investment as reporting on Monday.

As of Dec. 31, 2024, the country has 42,002 valid foreign investment projects with a total registered capital of nearly 502.8 billion dollars, including nearly 322.5 billion dollars disbursed, equivalent to 64.1 percent of total registered investment capital.

According to the agency, in 2024, foreign investment capital continued to affirm its important role in Vietnam's economic growth.

Although the total registered capital decreased slightly by 3 percent, the significant increases in adjusted capital (50.4 percent) and the number of new projects (1.8 percent) demonstrated the strong confidence of foreign investors.

The foreign investment sector contributed about 20.49 billion dollars to the state budget and continued to act as an important support for Vietnam's exports.

Investors have poured money into 18 out of 21 national economic sectors. The processing and manufacturing industry took the lead with 25.58 billion dollars, accounting for 66.9 percent of total registered capital, said the agency.