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Five-month FDI disbursement hits 4.5 bln USD
Capital disbursement in foreign invested projects rose by 7.1 percent in the first five months of 2010 to 4.5 billion USD, the Foreign Investment Agency (FIA) has reported.
During the reviewed period, the country licensed 360 new foreign direct investment (FDI) projects, with a combined registered capital of 7.1 billion USD, a year-on-year increase of 40 percent, said the FIA under the Ministry of Planning and Investment.
However, just 107 operational projects registered to add 403 million USD into their investment, down 91.4 percent from the same period last year.
Totally, Vietnam attracted 7.5 billion USD in FDI during the January-May period, a year-on-year drop of 23 percent.
The processing and manufacturing industry drew in the largest amount of FDI, with a total registered capital of 2.55 billion USD.
The southern province of Ba Ria-Vung Tau continued leading the country in FDI attraction. It was followed by the northeastern province of Quang Ninh, the central province of Nghe An, Ho Chi Minh City and the central province of Quang Ngai.
The Netherlands, the Republic of Korea and Japan topped the list of 36 countries and territories which poured investments into Vietnam during the first five months.
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