FDI drops 52.4 percent in January
Vietnam licenced 40 foreign direct investment (FDI) projects totaling
211 million USD from January 1-20, according to the General Statistics
Office (GSO).
Vietnam licenced 40 foreign direct investment (FDI) projects totaling
211 million USD from January 1-20, according to the General Statistics
Office (GSO).
The figures represented a 50.6 percent decrease in volume and a 52.4 percent fall in value compared to a year earlier.
Six other projects were allowed to add a cumulative 186.1 million USD to their existing investments.
Processing and manufacturing industries received around 47.6 percent of January’s FDI capital (189 million USD), real estate projects attracted 44.4 percent (176.3 million USD), while other sectors shared the remaining 8 percent (31.8 million USD).
Ba Ria - Vung Tau topped the list of 12 provinces and cities nationwide receiving FDI, followed by Thai Nguyen, Vinh Phuc, and Binh Duong.
The majority of January FDI capital came from the Republic of Korea, with 88.8 million USD; Malaysia, 27.2 million USD; France, 19.5 million USD; and Belgium, 17 million USD.-VNA
The figures represented a 50.6 percent decrease in volume and a 52.4 percent fall in value compared to a year earlier.
Six other projects were allowed to add a cumulative 186.1 million USD to their existing investments.
Processing and manufacturing industries received around 47.6 percent of January’s FDI capital (189 million USD), real estate projects attracted 44.4 percent (176.3 million USD), while other sectors shared the remaining 8 percent (31.8 million USD).
Ba Ria - Vung Tau topped the list of 12 provinces and cities nationwide receiving FDI, followed by Thai Nguyen, Vinh Phuc, and Binh Duong.
The majority of January FDI capital came from the Republic of Korea, with 88.8 million USD; Malaysia, 27.2 million USD; France, 19.5 million USD; and Belgium, 17 million USD.-VNA
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