FDI inflow expected to hit 40 billion USD

With positive results seen in the first half of this year, foreign direct investment (FDI) inflow in 2024 is hoped to hit 40 billion USD in the whole year, contributing to boosting the country’s growth.

Experts said FDI was an important factor pushing Vietnam’s GDP growth rate in the first half of 2024 to 6.2%, laying the foundation for the Ministry of Planning and Investment to adjust the country’s growth target for this year to 7%.

According to the General Statistics Office, as of June 20, Vietnam had drawn nearly 15.19 billion USD in FDI, up 13.1% over the same period last year.

Foreign investors are still confident in the Vietnamese market and interested in continuing to invest in Vietnam. The FDI can reach 39-40 billion USD this year, higher than the 2023 figure.

Experts attributed the good FDI attraction results so far this year to the country’s stable macro-economic situation and good conditions in infrastructure system, human resources, tax, fee and land reserve access./.

By: VNA