|
Foreign direct investment falls 77% in first half
Foreign direct investment (FDI) promised to Vietnam in the first half of this year fell 77.4 percent from the same period in 2008 to US$8.87 billion, the Ministry of Planning and Investment announced Monday.
FDI pledged to new projects accounted for $4.7 billion, with the remaining promises for increased investment in 68 projects already underway, the ministry’s Foreign Investment Agency said.
During the first half, the foreign direct investment actually released to projects in Vietnam totaled $4 billion, 18.4 percent less than in the same period last year.
Hospitality remained the sector attracting the most investment capital, with $4.5 billion promised.
The second most popular sector for FDI pledges was the processing and manufacturing sector with $1.56 billion, $1.38 billion of which was for newly-approved projects.
There are currently companies from 86 countries and territories with investments in Vietnam. Taiwan topped the FDI investor list in the first six months of 2009 with 2,000 planned projects with a combined registered capital of $21.2 billion.
South Korea was second with 2,100 projects with a combined registered capital of $20 billion.
The agency forecast FDI pledged to newly-approved projects next year will reach $22 billion, an increase of 10 percent compared to this year, with FDI disbursement in 2010 to reach $9 billion.
Vietnam attracted a record $64 billion in FDI pledges last year.
vietnews, vietnamplus
|
