Vietnam Licenses 164 Processing, Manufacturing FDI Projs Totaling $2.87B in H1

3:16:28 PM | 7/1/2010

Vietnam licensed 164 foreign direct investment (FDI) projects in the processing and manufacturing areas with a combined pledged capital of $2.87 billion in the first half of this year.
 
The figure accounted for 34% of the country’s total FDI during the period.
 
Between January and June, Vietnam licensed 438 foreign-invested projects totaling $7.9 billion and allowed 121 existing projects to add their capital by $525 million during the period.
 
Foreign investors disbursed $5.4 billion in the South Asian country during the 6-month period, rising 6% from a year earlier.
 
This year, the Southeast Asian country expects to attract $25 billion and disburse $11 billion in FDI this year up 16.38% and 10% on-year respectively. (New Hanoi)