The disbursement of FDI capital also saw a yearly increase of 7 per cent to $20.38 billion, the Foreign Investment Agency under the Ministry of Planning and Investment said in its latest report.
A survey of business leaders in the Asia Pacific region has revealed Việt Nam is a top destination for cross-border investment.
The country lured US$31.8 billion in foreign direct investment (FDI) in the first 11 months of 2019, up 3 per cent year-on-year, according to the Foreign Investment Agency (FIA).
The Việt Nam Motorsports Association (VMA) is recruiting 1,000 volunteer for the Formula One Việt Nam Grand Prix in Hà Nội in 2020.
Chinese investors are accelerating its investments in Việt Nam which have raised concerns of the Vietnamese enterprises being acquired by Chinese companies.