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Home / Business / Vietnam's Jan-Aug actual FDI rises 9 pct year-on-year to $9.8 bln: gov't

Vietnam's Jan-Aug actual FDI rises 9 pct year-on-year to $9.8 bln: gov't

Actual foreign direct investment (FDI) inflows into Vietnam reached an estimated $ 9.8 billion in the first eight months of this year, up 8.9 percent from a year ago, the Planning and Investment Ministry said.

New FDI pledges in the January-August period rose 7.7 percent from a year ago to $ 14.4 billion, with most of the funds going to manufacturing, processing and real estate projects, the ministry said in a report posted on its website on Tuesday.

Vietnam is forecast to receive FDI of up to $ 15 billion this year, after getting a record high $ 14.5 billion in 2015, buoyed by strong economic growth and the finalisation of several free-trade accords.

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Business | Thanh Nien Daily

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