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Vietnam’s foreign direct investment falls 7 pc in Jan-May

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Vietnam’s total registered foreign direct investment (FDI) as of May 20, including new pledges, additional investment funds to existing projects and stake acquisition, fell 7.3 percent to a combined 10.86 billion U.S. dollars year on year, the General Statistics Office (GSO) said on Monday.

Meanwhile, the country received an estimated 7.65 billion dollars in actual inflows of the FDI in the first five months of the year, down 0.8 percent from a year ago, data showed.

Vietnam licensed 5.26 billion dollars in 962 new projects in the January-May period, up 27.8 percent from a year ago, said the statistics authorities.—Xinhua

 

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