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Vietnam's FDI hit nearly 12 bln USD in Jan.-July
Last Updated: 2013-08-03 07:28 | Xinhua
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The total foreign direct investment ( FDI) in Vietnam reached more than 11.9 billion U.S. dollars in the first seven months of this year, a year-on-year rise of 19.6 percent, the Communist Party of Vietnam reported on its website on Friday.

Specifically, of the total FDI capital, registered capital of 677 newly-licensed projects posted 6.9 billion U.S dollars, 93.5 percent of the number of projects and a 10 percent rise in capital compared to the same period last year. In addition, 266 operational projects increased their capital by 4.9 billion dollars.

However, disbursed FDI during the reviewed period only reached 6.7 billion dollars, a year-on-year rise of 6.4 percent.

Over the past seven months, manufacturing and processing industry made up the highest registered capital at more than 10.4 billion dollars (87.6 percent of the total), followed by real estate business at 580 million dollars (4.9 percent).

Among 42 countries and regions pouring capital in Vietnam so far this year, Singapore was the biggest FDI investor with 2.48 billion dollars, making up 35.9 percent, followed by Russia (1.01 billion dollars), Japan (more than 1 billion dollars), the Republic of Korea, China's Hong Kong and Thailand.

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