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Publication permit No: 60/GP-TTĐT , April 05, 2010.
10-month FDI disbursement estimates at 8 billion USD
Date: 11/9/2009 8:24:25 AM
FDI disbursement in the first ten months of the year was estimated at 8 billion USD, representing 87.9 percent of the year’s target of 10 billion USD.
10-month FDI disbursement estimates at 8 billion USD.
According to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA), the country licensed 658 new projects with combined registered capital of 14.05 billion USD, which FIA said was a big figure in the context of economic crisis, though it was only equivalent to 25 percent of the same period last year. Besides, 179 existing projects were permitted to increase capital totalised 4.87 billion USD to their capital.
Thanks to investment promotion campaigns implemented at home and abroad, FDI attraction in 2009 is expected to surpass 20 billion USD and keeps increasing in the next years.
Since the Foreign Investment Law came into effect in 1987, the country has attracted 174.7 billion USD in foreign investment, with 10,805 valid projects.
(Source:The Hanoi Times)
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NEWS CATALOGUE
- Vietnam will become a destination for Chinese investors in the future
- What do FDI enterprises recommend to the Vietnamese Government?
- Up to now (2023), how much money have Asian tigers invested in Vietnam?
- Another semiconductor manufacturer expands in Vietnam
- Billions of dollars poured into Vietnamese semiconductor projects
