FDI in Vietnam increased in 2016 to $14.3 billionStaff Writer | November 24, 2016
A total of $14.3 billion of foreign direct investment (FDI) is expected to be disbursed in Vietnam in the first 11 months of 2016.
Asia A rise of 8.3 percent
During January-November period, the country is likely to garner fresh FDI pledges of $13.03 billion, down 3.9 percent year-on-year.
Meanwhile, additional funds injected in existing projects in the same period are forecast to drop 23.9 percent year-on-year to hit $5.07 billion, said the MPI in its monthly report.
The total FDI disbursement in Vietnam in 2016 is projected to reach between $14.8 billion and $15 billion, up from a record high of $14.5 billion received in 2015.
So far this year, South Korea remained the biggest investor in Vietnam, said the report. ■