
FDI reaches US$31.6 billion in first half of this year
06/08/2010 - 23 Lượt xem
This shows that foreign investors are confident about the socio-political environment and development opportunities in Vietnam.
Mr Sinh said that export turnover netted US$29.7 billion in the first half of this year, up 31 percent compared to the same period last year. The import surplus in May was US$1.3 billion. At the current pace, the total import surplus in 2008 will increase by 30 percent.
Vietnam’s recent bumper winter-spring crops showed an agricultural growth rate of nearly 3 percent. Therefore, there should be no worry about food shortages.
Mr Sinh stated that the implementation of the Government’s eight measures to control inflation is beginning to pay off. GDP growth rate in the first half of this year was 6.6-6.7 percent, creating a foundation for the country to achieve a GDP growth rate of 7 percent in 2008, as set by the Government.
According to the opinions of international financial organisations, there is no need to worry about Vietnam’s economy in the long–term and the country will continue achieve a high growth rate in 2009.
Source: VOV
