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Foreign investment inflows reach over US$27 bln in ten months

VGP – Foreign direct investment (FDI) inflows to Viet Nam reached US$27.26 billion in the first ten months of 2024, a year-on-year increase of 1.9 percent, the General Statistics Office (GSO) reported Wednesday.

Posts Quang Minh

November 06, 2024 6:19 PM GMT+7

The volume of FDI disbursement rose was estimated at US$19.58 billion in the reviewed period, up 8.8 percent against the same period last year, said GSO.

Meanwhile, Viet Nam's outbound investments totaled US$473.1 million, a year-on-year rise of 11.5 percent.

Regarding trade, total export and import value was estimated at US$69.19 billion in October and US$647.87 billion in January-October period, respectively up 11.8 percent and 15.8 percent against the same periods last year.

Of the above figure, export turnover in the first ten months increased by 14.9 percent on year to US$335.59 billion while import volume rose 16.8 percent on year to US$312.28 billion.

The U.S. remains the biggest importer of Vietnamese goods, with US$98.4 billion.

Viet Nam enjoyed a trade surplus of US$23.31 billion compared to US$24.8 billion of the same period last year./.