Vietnam Jan-July FDI inflows up 3.8% y/y to US$10.5bill; factories in HCM City to remain open

Workers at a company in HCM City live temporarily in tents to ensure safety while maintaining production. - Vietnam News/ANN

HANOI, July 26 (Reuters): Vietnam received US$10.5 billion in foreign direct investment (FDI) in the first seven months of the year, up 3.8% from a year earlier, the Ministry of Planning and Investment said on Monday.

FDI pledges - which indicate the size of future FDI disbursements - dropped 11.1% from a year earlier to $16.7 billion, the ministry said in a statement.