Positive Change of FDI Inflow Structure

10:42:09 AM | 3/4/2011

Manufacturing industry attracted biggest volume of the foreign direct investment inflow in the first two months this year, according to the latest data.
 
In the reviewed period, Việt Nam has licensed 39 new manufacturing projects with a total registered investment capital of up to US $1.2 billion, representing 77% of the country’s total FDI figure, followed by construction sector with US $71.7 million.
 
The recent two biggest projects, worth US $1 billion and US $174 million, are funded by investors from Singapore and British Virgin Island, respectively.
 
This is the positive change in the FDI inflow structure as more investment pouring in the manufacturing sector, thus creating more jobs for local people and contributing more to the State budget, said the Ministry of Planning and Investment (MPI).
 
MPI plans to disburse about US $11 – 11.5 billion of the total FDI this year, about the same level in 2010. (VGP)