Vietnam Expects to Attract US$25B FDI Next Year
Vietnam expects to attract a total pledged foreign direct investment (FDI) of between US$22 billion and US$25 billion in 2010, the Foreign Investment Agency under the Ministry of Planning and Investment said.
The country hopes to pull in US$19 billion from newly-licensed FDI projects and from US$3 billion to US$6 billion from capital rise of existing projects in the year.
Vietnam’s FDI disbursement next year is also forecast up 10% against this year to between US$10 billion and US$11 billion thanks to the recovery of the global economy.
In 2010, the Southeast Asian country will continue boosting the FDI disbursement and luring in high-tech FDI projects.
Vietnam estimates a total pledged FDI of US$21.48 billion this year, down 70% from a year earlier, said the agency. (vneconomy.vn)
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