Vietnam Expects to Attract US$25B FDI Next Year, Up 10% On-Year

3:33:07 PM | 11/24/2009

Vietnam expects to attract between US$22 billion and US$25 billion in foreign direct investment (FDI) next year, up 10% against from 2009.
 
Of the sum, $19 billion is expected to come from newly-licensed projects and the rest will come from capital increasing projects.
 
The Southeast Asian country also targets FDI disbursement of between $10 billion and 11 billion next year, rising 10% from this year.
 
Vietnam expects to attract FDI in areas of high-technology, supporting industries, infrastructure development, human resource development and agricultural products processing in 2010.
 
In the first ten months of this year, the foreign investors poured FDI of $18.9 billion in Vietnam, down 72.9% from a year earlier. (Vietnam & World Economy)