Vietnam revises '12 foreign direct investment data from loss to gain
Viet Nam News/Asia News NetworkHANOI -- Foreign direct investment (FDI) pledged in Vietnam rose by 4.7 percent to US$16.3 billion in 2012, according to a revised report released by the Ministry of Planning and Investment's Foreign Investment Agency on Monday.
March 14, 2013, 12:24 am TWN
Earlier in December, the agency announced that the country had attracted US$12.7 billion in FDI for the year, down by 18 percent year-on-year due to the global economic slowdown.
According to the new report, up to 1,287 new foreign-invested projects were granted licences with a total registered capital of US$8.6 billion in 2012 or equivalent to 71.2 percent of the total figure.
The report showed that Japan remained Vietnam's largest foreign investor with US$5.59 billion, 34.2 percent of the total FDI registered in the country. It was followed by Taiwan (US$2.6 billion) and Singapore (US$1.9 billion). The country's other major sources of investment included South Korea, Samoa, British Virgin Islands and Hong Kong.