FDI inflow hits US$4.2 bln. in four months

VGP – Vietnam has lured around US$4.267 billion of foreign direct investment (FDI) in the first four months of the year, posting a year-on-year increase of about 70%, according to the General Statistics Office.

April 26, 2012 6:43 PM GMT+7

In the reviewed period, 169 projects have been licensed. Around US $3.6 billion FDI have been disbursed, down 0.3% against the same period last year.

Real estate sector took the lead in FDI attraction with the total registered capital of US$1.57 billion.

Meanwhile, the southern province of Binh Duong lured the biggest volume of FDI, followed by Hai Phong, Quang Ninh and Ninh Binh.

So far, Japan is the largest FDI provider of Viet Nam, offering over US$2.36 billion and occupying 76% of the newly-registered capital./.

By Kim Loan