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Foreign investment inflows post triple-digit growth in January

VGP – Foreign investment inflows posted triple-digit growth (179.5%) to US$ 5.3 billion in January, the General Statistics Office (GSO) on Wednesday.

January 29, 2020 3:07 PM GMT+7

Meanwhile, disbursed volume of foreign investment was estimated to increase by 3.2% to US$1,6 billion compared to the same period last year, according to the GSO.

The number of newly-established enterprises decreased by 17.9% to 8,276 but the registered investment capital rose 76.8% to VND 267.2 trillion.

The GSO said total export-import value was estimated to dip by 12.9% against the same period last year to US$ 38.1 billion, of the total figure, export revenue was estimated at US$ 19 billion.

Foreign arrivals rose to unprecedent high of nearly two million, statistical data shows.

By Thuy Dung