VIETNAM’S FDI ATTRACTION UP 45% IN 8 MONTHS

HANOI-- Vietnam attracted nearly 23.4 billion U.S. dollars in foreign direct investment (FDI) in the first eight months of 2017, up 45.1 percent against the same period last year, the country's foreign investment agency said Monday.

In the eight-month period, Vietnam's processing and manufacturing sector received the largest FDI, with roughly 11.7 billion U.S. dollars, accounting for 50 percent of the total capital registered, tailed by electricity production and distribution with nearly 5.4 billion U.S. dollars and mining with 1.3 billion U.S. dollars.

As of June 20, capital disbursement reached 10.3 billion U.S. dollars, up 5.1 percent year-on-year, said the agency under the Vietnamese Ministry of Planning and Investment.

Source: NAM NEWS NETWORK