HANOI, Jan. 9 (Xinhua) -- Vietnam's total investment in 2024, based on current prices, is estimated at 3.69 quadrillion Vietnamese dong (145.37 billion U.S. dollars), an increase of 7.5 percent compared to 2023, signaling a positive recovery in production and business activities, Vietnam News Agency reported Wednesday, citing the country's General Statistics Office (GSO) as reporting.
The respective contributions from the state-owned sector, non-state sector and foreign direct investment sector reached 1.01 quadrillion dong (39.8 billion dollars), 2.06 quadrillion dong (81.1 billion dollars), and 608.6 trillion dong (23.9 billion dollars), respectively.
According to the GSO, the state-owned sector's investment funding from the state budget in 2024, amounted to 661.3 trillion dong (26 billion dollars), equivalent to 84.6 percent of the planned target, reflecting a year-on-year increase of 3.3 percent.
Economists said state investment was crucial for key national projects, and significantly contributed to the economic restructuring, while serving as a "seed" capital to attract other investments. ■