Vietnam's Jan-April FDI inflows rise 6.3 pct y/y to $5.1 bln
Thursday, May 3,2018AsemconnectVietnam - Vietnam received an estimated $5.1 billion in foreign direct investment in January-April, up 6.3 percent from the same period last year, the investment ministry said on Wednesday.
FDI pledges for new projects, increased capital and stake acquisitions edged down 23.9 percent from a year earlier to $8.06 billion, the ministry said in a statement posted on its website.
The manufacturing and processing sector received the most pledged foreign funds in the four-month period, followed by the real estate sector, the statement said.
South Korea, Japan and Singapore were the biggest foreign investors in registered funds in Vietnam in January-April.
FDI is a key source of growth for Vietnam's export-driven economy, which received a record $17.5 billion in FDI last year.
Source: Reuters.com
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