Tin mới
VN economy on the up, attracting US$3.5 billion in FDI
06/08/2010 - 58 Lượt xem
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Viet Nam attracted US$3.51 billion in foreign investment in the first four months of this year, a two-fold increase from 2006. Minister of Planning and Investment, Vo Hong Phuc, said that a further US$20 billion in foreign invested projects are waiting for his ministry’s approval. The Minister said that last year's entire foreign investment to the country amounted to US$10.2 billion and that investment incentives and simplified administrative procedures were the primary reasons behind the surge in investment from overseas. Viet Nam also exported nearly US$4 billion worth of products in April, the highest monthly level so far this year, said the General Statistics Office. The number brought the country’s total exports to over US$14.5 billion for the first four months, up 22 percent over the same period last year. Big movers in export fields included, crude oil and garments that generated revenues exceeding US$2 billion and seafood products and footwear that totalled in excess of US$1 billion. In the first four months of this year, Viet Nam’s industrial valued surged 16.7 percent to nearly VND176.9 trillion, with non-state, foreign-invested and state-owned sectors registered rises of 20.6 percent, 19.4 percent and 7.4 percent, respectively. |
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Source: Vietnam Agency |
