Vietnam reports strong increases in FDI and investment scale (27/08)
06/08/2010 - 17 Lượt xem
The Department of Foreign Investment said of the amount, 46.3 billion USD came from 772 newly-licensed projects which represented a five time rise in capital value although the number of projects was equal to only 79.2 percent of last period’s figure.
During the period, 210 current FDI projects were allowed to increase capital with a total of 833.6 million USD.
In August alone, the nation licensed 118 FDI projects worth more than 1.8 billion USD.
This achievement was attributed to concerted efforts made by relevant ministries, agencies and localities in investment promotion, said the department.
These efforts have also helped speed up disbursement to reach 8 billion USD in the past eight months, a year-on-year rise of 42.9 percent.
The department also said that foreign-invested businesses earned a turnover of 30.4 billion USD in the reviewed period, a year-on-year increase of 33.1 percent.
In order to bridge the gap between registered and disbursed capital and speed up the implementation of licensed projects, the ministry will continue to improve administrative procedures and facilitate ground clearance.-Enditem
Source: VNA
