FDI flow into Vietnam increases 10.4 percent in first five months
In the first five months of 2017, total foreign direct investment (FDI) into Vietnam, including newly register capital, additional investment and share purchase, amounted to 12.13 billion USD, up 10.4
Vietnam is facing tough challenges to fulfil its economic growth target for this year amidst the country is experiencing trade deficit and depending on foreign direct investment sector.
Vietnam has been developing strongly after joining the World Trade Organization (WTO) 10 years ago thanks to expansion of relations and reform policies.
The southern province of Dong Nai has attracted nearly 483 million USD in foreign direct investment (FDI) so far this year, funding 26 new and 38 existing projects.
Total foreign direct investment (FDI) in Vietnam reached 11 billion USD from the outset of the year, a year-on-year surge of nearly 41 percent, said the Foreign Investment Agency.