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Vietnam's Jan-July actual FDI rises 17 pct y/y to $8.55 bln: gov't

Jul 27th at 13:34
27-07-2016 13:34:40+07:00

Vietnam's Jan-July actual FDI rises 17 pct y/y to $8.55 bln: gov't

Actual foreign direct investment (FDI) inflows into Vietnam reached an estimated $8.55 billion in the first seven months of this year, up 17.1 percent from a year ago, the Planning and Investment Ministry said on Wednesday.

 

New FDI pledges in the January-July period surged 46.9 percent from a year ago to $12.9 billion, with most of the funds going to manufacturing, processing and real estate projects, the ministry said.

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

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