Business
FDI disbursements surge 45% in eight months
  • | VOV | August 28, 2014 11:07 AM

In the first of eight months of the year disbursements of foreign direct investment (FDI) surged 45% on-year to US$7.9 billion, according to the General Statistics Office (GSO).

Since last August the number of newly registered FDI projects in Vietnam increased by 29% to 992 with total investment capitalisation of US$7.246 billion.

During the same period, 349 existing FDI projects licensed supplementary investment capital of US$2.3 billion.

FDI projects were licensed in 45 provinces and cities across the country. Bac Ninh province led the country in FDI attraction, followed by Ho Chi Minh City,Quang Ninh and Haiphong.

The Republic of Korea is Vietnam’s largest foreign investor with registered capital of US$2.467 billion, followed by Hong Kong (US$1 billion) and Japan(US$769.9 million).

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