Vietnam's FDI inflows plunge 11.1% in seven months


A production line of Hong Kong-invested Gunzetal Việt Nam Co in the southern province of Bình Dương. — VNA/VNS

HANOI (Vietnam News/ANN): Vietnam raked in US$16.7 billion in foreign direct investment (FDI) in the first seven months of 2021, down 11.1 per cent from the same period last year, data from the Ministry of Planning and Investment (MPI) shows.

This is the biggest fall in FDI inflows since the Covid-19 pandemic broke out again in the country in late April, wreaking havoc on multiple industrial parks in the northern provinces of Bac Giắng and Bắc Ninh.

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Vietnam , FDI , losses

   

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