FDI Firms Revenues up 42.4 per cent at US$20.4 Bln in First Half of 2008

Foreign direct investment (FDI) businesses are estimated to have obtained US$20.4 billion in total revenues in the first half this year, representing an on year rise of 42.4 per cent, the Foreign Investment Department under the Ministry of Planning and Investment (MPI) said.

 

In the first half, the FDI sector contributed US$951 million to the state budget, up 35.9 per cent on-year, said the department.

 

FDI companies posted export value of US$11.32 billion and imported US$13.9 billion worth of goods and materials, up 28 per cent and 42.7 per cent on year, respectively.

 

During the reviewed time, FDI businesses employed 15,000 workers, bringing the total number of workers in the sector to 1.36 million.

 

Vietnam has attracted a total pledged FDI capital of US$31.6 billion since early this year, tripling that of the corresponding period last year, the MPI reported.

 

The MPI also said the six-month period also marked a record FDI disbursement of around US$5 billion, up 37.6 per cent on-year. (VNA, Youth)