Foreign fund outlay climbs to new high in 1H

Trading partners: Vietnamese Prime Minister Pham Minh Chinh (centre, right) greets South Korea’s Trade, Industry and Energy Minister Ahn Duk-geun at a forum in Seoul. South Korea is among the leading nations investing in the Vietnamese economy. — AFP

HANOI: Foreign investment disbursements in the first half of this year (1H) reached an estimated US$10.84bil, surging 8.2% year-on-year and establishing a record high over the past five years, according to the General Statistics Office (GSO).

The manufacturing and processing sectors attracted the largest share of disbursed foreign investment of US$8.6bil, accounting for 79.3% of the total.