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)

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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