HANOI (Reuters) – Foreign investors have ploughed into Vietnam an estimated $7.25 billion in actual investment in the first half of this year, up 15.1 percent from a year ago, the Planning and Investment Ministry said on Thursday.

New foreign direct investment (FDI) pledges in the January-June period surged 105.4 percent from a year ago to $11.3 billion, with most of the funds going to manufacturing, processing and real estate projects, the ministry said.

Vietnam recorded record FDI of $14.5 billion last year, buoyed by strong economic growth and the finalisation of several free-trade accords.

(Reporting by Mai Nguyen; Editing by Martin Petty)

Asia Times Financial is now live. Linking accurate news, insightful analysis and local knowledge with the ATF China Bond 50 Index, the world's first benchmark cross sector Chinese Bond Indices. Read ATF now. 

Leave a comment

Your email address will not be published. Required fields are marked *