Vietnam Pledged FDI Down 25.7% to US$5.92B in Jan-April
Vietnam estimates that it has attracted a total pledged foreign direct investment (FDI) of US$5.92 billion in the first four months of this year, down 25.7% from a year earlier, the General Statistics Office (GSO) said Tuesday.
Between January and April this year, the country licensed 263 projects totaling US$5.59 billion and allowed 92 existing projects to add their capital by US$325 million.
The Netherlands tops nationwide in attracting FDI during the period with US$2.1 billion, followed by Japan and the U.S. with US$1.09 billion and US$1.02 billion respectively.
The northern province of Quang Ninh took the lead in FDI attraction in the four-month phase with US$2.14 billion, followed by Nghe An, Ba Ria-Vung Tau and Ho Chi Minh City with US$1 billion, US$902.6 million and US$445.2 million respectively.
So far this year, foreign companies are estimated to have disbursed US$3.4 billion in FDI, up 36% on-year, the GSO said. (GSO Edition Apr 27)
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