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FDI inflow reaches nearly US$12 billion

VGP – Viet Nam attracted some US$11.9 billion in foreign direct investment in the first seven months of 2013 while the disbursed volume reached US$6.7 billion.

July 29, 2013 7:25 PM GMT+7

The Foreign Investment Agency under the Ministry of Planning and Investment said the country granted licenses to 677 new projects with registered capital of US$6.9 billion.

The Northern province of Thai Nguyen took the lead in luring new projects totalling US$2.14 billion, followed by Binh Dinh, Hai Duong and Binh Duong.

This year, Viet Nam set the target to attract US$113-14 billion, which is within reach as the country’s economy is showing signs of recovery, according to the agency.

Statistics show that the total export value stood at US$72.7 billion in the reviewed period, up 14.3% against the same period of 2012. Of the figure, the FDI sector earned US$48.2 billion, an increase of 22%./.

By Huong Giang