FDI up 2.5 times in first two months of 2019

ABO/VNA - As of February 20, foreign investors have poured 8.47 billion USD into Vietnam, 2.5 times higher than the same period last year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

The country granted 514 new investment licences to projects with a total registered capital of 2.44 billion USD, up 75.7 percent over the same period last year.

As many as 176 projects registered to adjust their capital with a combined additional capital of nearly 855 million USD, up over 22 percent year on year.

FDI projects were estimated to have disbursed 2.58 billion USD in the first two months of this year, up 9.8 percent. This is the highest level of two-month growth in the last three years.

To sum up, the FDI sector recorded a trade surplus of 4.48 billion USD.

(Source: VNA)