TITLE

Modest Rise In Foreign Investment

PUB. DATE
December 2004
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Dec2004, Vol. 15 Issue 12, p4
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
The article reports that actual foreign-direct investment (FDI) into Vietnam increased to U.S. $ 1.4bn in 2003, representing modest increase from the U.S. $ 1.2bn recorded in 2002. The amount is, however, still way lower than the U.S. $ 2.6bn that Vietnam attracted in 1997 just before the start of the Asian financial crisis. Relative to the size of its economy, the impact of FDI on Vietnam's economy has been relatively significant. Moreover, Vietnam's total stock of FDI at the end of 2003 of U.S. $ 18.7bn was relatively large compared with the total size of the economy, accounting for 50.6% of total GDP.
ACCESSION #
15056862

 

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