Vietnam Jan-July FDI inflows up 3.8% y/y to $10.5 billion

Vietnam received $10.5 billion in foreign direct investment (FDI) in the first seven months of the year

Vietnam Jan-July FDI inflows up 3.8% y/y to $10.5 billion
Women work at Hung Viet garment export factory in Hung Yen province, Vietnam December 30, 2020. Photo: Reuters

Vietnam received $10.5 billion in foreign direct investment (FDI) in the first seven months of the year, up 3.8% from a year earlier, the Ministry of Planning and Investment said on Monday.

FDI pledges — which indicate the size of future FDI disbursements — dropped 11.1% from a year earlier to $16.7 billion, the ministry said in a statement.

Of the pledges, 47.2% are due to be invested in manufacturing and processing, while 32.8% are targeting gas, water and electricity distribution, it said.

Singapore was the top source of FDI pledges in the period, followed by Japan and South Korea, it added.

tuoitrenews.vn

Join The Discussion

Compare listings

Compare