FDI inflow touches over US$19 billion

23:10 - 02/05/2017

The total newly-registered and additional FDI capital amounted US$19.2 billion in the first ten months of 2013, representing a year-on-year increase of 65.5% and surpassing this year’s target of US$13-14 billion, according to the Ministry of Planning and Investment.

In the January –October period, Viet Nam licensed 1,050 new projects worth over US$ 13 billion, up 79% against the same period last year.

Meanwhile, other US$6.16 billion was added to 393 ongoing projects, a year-on-year rise of 42.5%.

The FDI surge came from great efforts by the Government, ministries and localities in improving the business environment and simplifying administrative procedures to attract more foreign investors.

The Southeast Asian country is also an attractive destination for investors thanks to the competitiveness in production cost, abundant labor force and a stable macro economy./.

Nguồn: news.chinhphu.vn

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