The disbursed volume of foreign direct investment in the first ten months was estimated at US$12.7 billion, a year-on-year increase of 7.6%, official statistics show.
As of October 20, 2016, the Viet Nam attracted 2,061 projects with the total registered capital of more than US$12.2 billion, up 24.4% in quantity and down 1.3% in value against the same period last year.
In addition, 967 operational projects raised investment capital of US$5.3 billion, sending the total newly-registered and additional capital to US$17.6 billion, a year-on-year decrease of 8.7%.
The processing and manufacturing sector took the lead in attracting FDI with US$8.3 billion, accounting for 68.4%.
The Government is doubling efforts to improve business environment and enhance the competitiveness of the economy, considering it as a top priority.
According to World Bank’s Doing Business released recently, the country’s business environment jumped from 91st to 82nd spot out of 190 economies.
The Southeast Asian country achieved improvements in such indicators as getting electricity (up five places); protecting minority investors (+31); paying taxes (+11); trading across borders (+15); and resolving insolvency (+1)./.
By Hai Minh
