VN attracts $8bn in FDI

Jul 27th at 13:04
27-07-2012 13:04:44+07:00

VN attracts $8bn in FDI

Viet Nam has attracted US$8.03 billion in foreign direct investment (FDI) during the first seven months of this year, down by 67 per cent year-on-year, according to the Foreign Investment Agency's latest statistics.

Up to 584 new foreign-invested projects, worth $5.2 billion, were granted licences during the period, about 56 per cent of number at the same time last year.

However, capital in existing projects surged. More than 230 projects registered to increase their capital by a total of $2.83 billion, a yearly increase of 5.2 per cent.

During January-July, FDI disbursement almost equalled that for the same period last year, reached $6.25 billion or 99.2 per cent of last year's figure.

vietnamnews



NEWS SAME CATEGORY

Shipping firms face bankruptcy

Many maritime enterprises, especially shipping lines, face bankruptcy because of the world economic slowdown. This had led to a decline in goods being shipped, said...

City's foreign investment falls in first seven months

The southern economic hub attracted approximately US$820 million in foreign direct investment during the first seven months of this year, down by 57 per cent...

VN seeks more World Bank aid

Viet Nam wants to receive technical and financial assistance from the World Bank, especially in settling bad debts among businesses.

PM urges progress at international port

Prime Minister Nguyen Tan Dung has asked Hai Phong northern City's authorities and other agencies to make sure that work on Lach Huyen international port is...

Ministry struggles to revive economy

Vu Huy Hoang, Minister of Industry and Trade, chaired a meeting in Ho Chi Minh City on Wednesday, to discuss and gather opinion on a draft project meant to resolve...

HCM City benefits from trade pact

HCM City's bilateral trade with Australia and New Zealand has increased significantly, after more than two years of implementation of the ASEAN Australia New...

HCM City's FDI down in seven months

The southern economic hub attracted approximately US$820 million in foreign direct investment during the first seven months of this year, down by 57 per cent...

Businesses in Hai Phong sold at one dollar

The commercial affairs in which some businesses in the northern sea city of Hai Phong were sold at 20,000 dong for each have raised big worries among the local...

July CPI hits eight-year record low

Vietnam’s consumer price index (CPI) in July declined for the second consecutive month, falling 0.29 percent, recording the lowest level in the month since 2004...

In hard times, US investors still flock to Vietnam

The world economic crisis and the big difficulties in Vietnam both have led to the sharp falls of the foreign direct investment (FDI) from familiar sources...


MOST READ


Back To Top