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Vietnam posts USD25.1bn foreign investments in Jan-Nov

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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