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Vietnam says H1 FDI inflows rise 8% y/y to $9.1 bln

Wednesday, June 26, 2019, 09:08 GMT+7
Vietnam says H1 FDI inflows rise 8% y/y to $9.1 bln
Labourers work at TAL garment factory in Vinh Phuc province, Vietnam May 23, 2017. Photo: Reuters

Vietnam received $9.1 billion in foreign direct investments (FDI) in the first half of this year, up 8% from a year earlier, the Ministry of Planning and Investment said on Tuesday.

New FDI pledges in the January-June period fell 9.2% from a year earlier to $18.74 billion, with most of the funds going to manufacturing, processing and real estate projects, the ministry said.

Hong Kong continued to be the top source of FDI pledges in the period, followed by South Korea and China, it added.

Reuters

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