FDI disbursement up despite decline in capital inflow
Disbursement of foreign direct investment saw a positive yearly increase of 7 percent to nearly $12 billion in the first eight months of this year, despite a fall in new FDI registered in Vietnam.
From the beginning of this year to August, the country lured a total of more than 22.6 billion USD in FDI, marking a slight decrease of 7 percent year-on-year, reported the Foreign Investment Agency under the Ministry of Planning and Investment.
More than 2,400 new foreign-invested projects were granted investment licences with a total registered capital of over 9.1 billion USD in the period, up 25 percent in terms of number of projects but down 32 percent in level of capital over the same period last year.
Meanwhile, nearly 910 existing projects adjusted their investment capital with a total additional sum of 4 billion USD in the eight months, representing a yearly increase of 24 percent in the project number but equivalent to 72 percent of capital seen in last year’s corresponding period.