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FDI hits US$2 billion in four months

Vietnam has licensed 199 investment projects with a combined registered capital of nearly US$2 billion in the past four months, representing increases of 12 percent and 32 percent, respectively, over the same period last year.

The figure includes 23 projects worth US$288 million licensed in April, reported the Ministry of Planning and Investment (MPI).

Notably, over the past four months, as many as 117 existing foreign direct investment projects have requested to  increase their investment by US$358 million.

In the period, FDI enterprises disbursed US$1.15 billion, including US$320 million in April, a rise of 18 percent over the same period last year, said the MPI.

FDI enterprises raked in US$7.2 billion in revenues in the period, earning an export value of US$4.1 billion and contributed  US$408 million to the State budget.

VOV - (25/04/2006)

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