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FDI continues to flow in (27/10)

06/08/2010 - 14 Lượt xem

he total investment capital in 10 months saw a 6-fold rise over the same period last year, despite a decrease in project number which totalled 953, equal to 83.3 percent of the figure one year ago.

In October, the nation also permitted 22 projects to add a combined amount of more than 169 million USD.

FDI disbursement between January-October is estimated at 9.1 billion USD, a year-on-year increase of 38.3 percent.

Foreign-invested enterprises reported a total revenue of 40.6 billion USD in the reviewed period, a year-on-year increase of 29.6 percent. The sum included 19.9 billion USD from exports.

Those enterprises generated an additional 16,000 jobs in October, bringing the number of workers in the foreign-invested sector to more than 1.43 million, a year-on-year increase of 15.5 percent.

However, experts urge the government to exert more efforts to increase capital absorption, focusing on large projects licensed in 2006 and 2007
Source: VNA