Vietnam managed to entice foreign investments worth about USD25.1 billion in the first 11 months of the year, according to the country's Foreign Investment Agency (FIA). However, the amount was 5% lower from a year earlier even as it represented a 0.5% month-on-month growth. From January to November, new capital registered in the country by foreign investors saw a yearly decline of 18% cent to USD11.5bn while their capital contributions and share purchases also declined 7% year-on-year to nearly USD4.08bn. The stringent COVID-19 restrictions in early 2022 and global uncertainties were among the factors that contributed to the falling registered capital. One bright spot in the period was adjusted capital which surged 23.3% year-on-year to USD9.54bn, the FIA noted.
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