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Publication permit No: 60/GP-TTĐT , April 05, 2010.
Foreign investment to Vietnam declines
Date: 4/29/2009 4:52:15 PM
The global recession has taken a toll on foreign investment and tourism to Vietnam in the first four months of the year, the government said Tuesday.
Foreign investment pledges fell 72 percent to $6.4 billion as of April 20, the General Statistics Office said in a statement.
The number of foreign visitors dropped 18 percent.
The investment pledges include $2.5 billion in 145 new projects and $3.9 billion for increased investments in 23 existing projects.
South Korea topped the list of foreign investors for new projects in the first four months with pledges of $957 million, followed by Hong Kong with $531 million and Singapore with $255 million, the GSO said.
Foreign investors pledged a record $64 billion in 2008, a year after Vietnam joined the World Trade Organization.
The number of tourists fell to 1.3 million in the first four months, with visitors from key markets such as Japan, South Korea and China dropping between 10 percent to 30 percent.
(Source:)
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