| Vietnam’s FDI capital ly to surpass $50 billion | |
Vietnam may attract US$50 billion in foreign direct investment (FDI) this year, more than double last year’s $20.3 billion, according to the National Center for Socioeconomic Information and Forecast (NCSIF). The prediction comes amid foreign investors’ rising optimism about the country’s economic prospects beyond the current difficult stage.
The NCSIF, which operates under the Ministry of Planning and Investment, said the country’s disbursed FDI capital will possibly hit $10 billion this year compared to just $4.6 billion in 2007. Total official development assistance commitment for 2008, meanwhile, is expected to top $3.1 billion. Vietnam attracted more than $47 billion in the first eight months of the year, including $46.3 billion from newly-licensed projects, a fivefold rise over the same period last year. | |
| VNA |
