Vietnam FDI inflows up 5% to $10.3bn this year

Vietnam FDI inflows up 5% to $10.3bn this year

Labourers work at TAL garment factory in Vinh Phuc province, Vietnam, on May 23, 2017. The country received an estimated US$10.3 billion in foreign direct investment inflows this year. (Reuters photo)
Labourers work at TAL garment factory in Vinh Phuc province, Vietnam, on May 23, 2017. The country received an estimated US$10.3 billion in foreign direct investment inflows this year. (Reuters photo)

HANOI - Vietnam received an estimated US$10.3 billion in foreign direct investment (FDI) inflows in January-August, up 5.1% from the same period in 2016, the government said on Monday.

Pledges of new FDI during the eight-month period rose an estimated 37.4% from a year earlier, to $13.45 billion, while additional funds to existing projects up 40.2% to $6.4 billion, the Investment Ministry said in an online report.

Vietnam's FDI inflows hit a record high of $15.8 billion in 2016.



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