VN attracts $8bn in FDI

Viet Nam has attracted US$8.03 billion in foreign direct investment (FDI) during the first seven months of this year, down by 67 per cent year-on-year, according to the Foreign Investment Agency's latest statistics.

Up to 584 new foreign-invested projects, worth $5.2 billion, were granted licences during the period, about 56 per cent of number at the same time last year.

However, capital in existing projects surged. More than 230 projects registered to increase their capital by a total of $2.83 billion, a yearly increase of 5.2 per cent.

During January-July, FDI disbursement almost equalled that for the same period last year, reached $6.25 billion or 99.2 per cent of last year's figure.

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