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Foreign investment in Vietnam shows signs of recovery

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Foreign investment in Vietnam showed signs of recovery with 16.24 billion U.S. dollars poured into the country in the first seven months of this year, up 4.5 percent year-on-year, according to the Ministry of Planning and Investment.

For the first time in 2023, total registered investment capital soared after witnessing consecutive decreases over six months, local newspaper Vietnam News reported on Monday, citing the ministry.

During the period, Vietnam licensed 1,627 new foreign direct investment (FDI) projects with total registered capital of 7.94 billion dollars, up 75.5 percent in quantity and 38.6 percent in capital year-on-year, according to the ministry.—Xinhua

 

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