FDI Firms Obtain US$10.2 Bln Revenues in First Quarter

11:33:00 AM | 4/7/2008

Foreign direct investment (FDI) companies in Vietnam gained total estimated revenues of US$10.2 billion in the first quarter of this year, up 32.4 per cent on-year, the local Investment newspaper reported March 31.
 
Of the sum, crude oil export value accounted for US$2.6 billion, while export of processed products brought in US$5.04 billion, representing an on-year increase of 48.1 per cent and 21.1 per cent respectively.
 
In the first three months, the FDI sector pulled in US$2.56 billion revenues from its other production and business activities, 27 per cent higher than the same phase of last year.
 
Vietnam attracted a combined FDI capital of US$5.43 billion in the three-month phase, up 31 per cent, according to the Ministry of Planning and Investment.
 
FDI firms generated 12,000 jobs in Vietnam in March alone, bringing its total laborer to 1.2 million to date. (Investment)