Vietnam's FDI pledges jump 135 percent in Jan-Feb

Thanh Nien News

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A Samsung Electronics plant in Bac Ninh Province, which is among the top FDI receivers in Vietnam. Photo: Ngoc Son A Samsung Electronics plant in Bac Ninh Province, which is among the top FDI receivers in Vietnam. Photo: Ngoc Son

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Foreign direct investment (FDI) worth US$2.8 billion was registered for new and existing projects in Vietnam in the first two months, up 135 percent compared to the same period last year, according to new statistics.
A report from the General Statistics Office said 291 new projects had been licensed in Vietnam as of February 20 with pledged investment capital totaling $1.9 billion.
Another $900 million was added to existing projects, it said.
Most of the investment was for the manufacturing and processing sectors. Nearly a tenth was coming to Hanoi, the biggest recipient, followed by the northern provinces of Bac Giang and Bac Ninh.
The actual FDI inflow in the first two months increased 15.4 percent from a year ago.

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