FDI disbursement rate remains low

The disbursement of FDI reached only 5 percent of the registered capital in the first three months of this year, much lower than the previous years’ figures, according to the Ministry of Planning and Investment.

The rate of FDI disbursement was nearly 18 percent of the total registered capital in 2008, and 37 percent of the 2007 figure.

In the first quarter of the year, foreign investment capital injected into production activities remained low as registered capital has decreased by 40 percent (around US$6 billion). In addition, Vietnam’s overseas remittances, mostly from the US, have also plummeted this year due to the global economic downturn.

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