Vietnam reported about $27.26 billion in foreign direct investment (FDI) in the first 10 months of the year, an on-year increase of 1.9 per cent, according to data from the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

In the first 10n months of 2024, 2,743 new projects were granted investment registration certificates, with total registered capital of over $12.23 billion, up 1.4 per cent in the number of projects but down 2.5 per cent on-year in terms of capital.

The adjusted capital for 1,151 ongoing projects reached nearly $8.35 billion, up 6 per cent on-year in number, and up 41.7 per cent in capital. There were 2,669 capital contributions and share purchases valued at $3.68 billion, falling 10.4 per cent and 29 per cent, respectively.

Foreign groups invested in 18 out of the 21 economic sectors in the first seven months of the year.

Among them, the manufacturing and processing industry took the lead with $12.65 billion, accounting for 70.3 per cent of the total, and a 15.7 per cent increase from a year ago.