Vietnam's H1 actual FDI rises 15 pct yr/yr to $7.25 bln: gov't

Jun 24th at 15:29
24-06-2016 15:29:40+07:00

Vietnam's H1 actual FDI rises 15 pct yr/yr to $7.25 bln: gov't

Foreign investors have ploughed into Vietnam an estimated $7.25 billion in actual investment in the first half of this year, up 15.1 percent from a year ago, the Planning and Investment Ministry said on Thursday.

New foreign direct investment (FDI) pledges in the January-June period surged 105.4 percent from a year ago to $11.3 billion, with most of the funds going to manufacturing, processing and real estate projects, the ministry said.

Vietnam recorded record FDI of $14.5 billion last year, buoyed by strong economic growth and the finalisation of several free-trade accords.

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