Home Economy

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

Jul 27th at 08:52
27-07-2021 08:52:42+07:00

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, 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

MOST READ

NEWS SAME CATEGORY

Int'l organisations launch programmes to help Vietnamese businesses improve operation
ECONOMY Jul 27th at 08:37

Int'l organisations launch programmes to help Vietnamese businesses improve operation

The programme to assist businesses in digital transformation for the 2021-25 period of the Ministry of Planning and Investment and the USAID-funded Linkages for...

Businesses and localities need better coordination
ECONOMY Jul 26th at 08:24

Businesses and localities need better coordination

The Covid-19 pandemic is now continuing relentlessly for a second year, with the fourth wave causing immense stress and strain to the entire population as well as...

Da Nang disburses $3.2-million support package
ECONOMY Jul 26th at 08:19

Da Nang disburses $3.2-million support package

The central city of Da Nang began disbursing its VND75 billion ($3.26 million) package Saturday morning to support more than 80,000 citizens hurt by the Covid-19...

Covid cloud to cast H2 shadow over labor market
ECONOMY Jul 26th at 08:18

Covid cloud to cast H2 shadow over labor market

The strongest Covid-19 wave to hit Vietnam will influence many enterprises to postpone or limit their recruitment plans, employment agencies report.

HCMC to reopen groceries markets with pandemic arrangements
ECONOMY Jul 26th at 08:17

HCMC to reopen groceries markets with pandemic arrangements

HCMC has approved a new market model that will have 12 stalls selling essential goods, following all pandemic-related safety measures including distancing and...

Vietnam among world's top 20 host economies for FDI
ECONOMY Jul 26th at 08:17

Vietnam among world's top 20 host economies for FDI

Vietnam was named among the world’s top 20 host economies for foreign direct investment for the first time in 2020 with an inflow of 16 billion USD.

Vietnam welcomes US decision not to take trade action against Vietnam
ECONOMY Jul 26th at 08:16

Vietnam welcomes US decision not to take trade action against Vietnam

Vietnam welcomes the decision of the United States Trade Representative (USTR) on July 23 not to take trade action against Vietnam in connection with the...

Central city lures investment in mid COVID-19 hit
ECONOMY Jul 26th at 08:08

Central city lures investment in mid COVID-19 hit

The US’s Vector Fabrication Inc has been scouting locations in central Viet Nam for a Micro-Electro-Mechanical Systems (MEMS) factory with an estimated investment...

Covid-19 wave derails growth predictions
ECONOMY Jul 24th at 14:31

Covid-19 wave derails growth predictions

The fourth Covid-19 wave, stronger than the previous ones combined, has stumped growth expectations and made predictions difficult, experts say.

U.S. Removes Vietnam Tariff Threat After Currency-Dispute Truce
ECONOMY Jul 24th at 14:30

U.S. Removes Vietnam Tariff Threat After Currency-Dispute Truce

The U.S. revoked the threat of tariffs on Vietnamese goods after the two nations reached an agreement under which the Asian nation will allow more flexibility in...

Read More

MOST READ

Back To Top