Today: 22/01/2022 04:11:39 (GMT+7)
THE CENTRAL AGENCY OF THE COMMUNIST PARTY OF VIETNAM BAC GIANG PROVINCE THE VOICE OF THE PARTY, GOVERNMENT AND PEOPLE OF BAC GIANG PROVINCE

FDI down by 62 pct

Foreign direct investment pledges fell by 62.2 percent in January to $2.02 billion, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

Of this, $1.3 billion is going into 47 new projects.

The investment is in 14 sectors, led by the manufacturing and processing industry with a total of $1.54 billion. Property was second with $179 million, followed by transportation and storage ($111.9 million) and agriculture, forestry and fishing ($60.4 million).

FDI, 62 pct,  Ministry of Planning and Investment

Workers assemble cars in a factory of Ford in the northern province of Hai Duong. Photo courtesy of Ford Vietnam.

As of January 20, $1.5 billion has been disbursed, the agency said.

The Foreign Investment Agency said the foreign investments have been made in several major projects, including a $270-million plant to manufacture laptops and tablets in northern Bac Giang Province by Taiwan’s FuKang Technology Company and $312 million in a Chinese radial tire production facility in southern Tay Ninh Province.

Foreign direct investment pledges fell by 25 percent 2020 to $28.5 billion as the Covid-19 pandemic prevented air travel and dampened investor sentiment.

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Source: VnExpress

FDI, 62 pct, Ministry of Planning and Investment
 
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