Friday, April 19,2024 - 11:7 GMT+7  Việt Nam EngLish 

Vietnam's Jan-Sept FDI inflow to rise 12.4 pct y/y to $11.02 bln  

 Friday, September 23,2016

AsemconnectVietnam - Vietnam will receive an estimated $11.02 billion in actual foreign direct investment (FDI) during January-September, up 12.4 percent from a year ago, the government said on Friday.

New FDI pledges in the nine month period edged up 1.1 percent from a year ago to $11.17 billion, while additional funds to existing projects fell 13.9 percent to $5.27 billion, the investment ministry said in an online report.

South Korean investors pledged the most funds into Vietnam during the nine-month period. That includes a $1.5 billion OLED screens plant by LG Display  034220.KS and a $550-million camera plant by LG Innotek  011070.KS, the report said.

The Vietnam government sees actual FDI inflows this year to hit $15 billion, up from a record $14.5 billion received in 2015.

Source: Reuters.com

 

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