FDI disbursements surge 45pct in eight months

29-Aug-2014 Intellasia | VOV | 6:00 AM Print This Post

-In the first of eight months of the year disbursements of foreign direct investment (FDI) surged 45 percent on-year to $7.9 billion, according to the general Statistical Office (GSO).

Since last August the number of newly registered FDI projects in Vietnam increased by 29 percent to 992 with total investment capitalisation of $7.246 billion.

During the same period, 349 existing FDI projects licensed supplementary investment capital of $2.3 billion.

FDI projects were licensed in 45 provinces and cities across the country. Bac Ninh province led the country in FDI attraction, followed by HCM City,Quang Ninh and Hai Phong.

The Republic of Korea is Vietnam’s largest foreign investor with registered capital of $2.467 billion, followed by Hong Kong (US$1 billion) and Japan(US$769.9 million).



Category: Economy

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