Vietnam FDI inflows up 5.1 pct y/y in Jan-Aug to US$10.3 bln

Motorcyclists cross an intersection in downtown Hanoi on July 4, 2017. PHOTO: AFP

HANOI, REUTERS - Vietnam received an estimated $10.3 billion in foreign direct investment (FDI) inflows in January-August, up 5.1 percent from the same period in 2016, the

government said on Monday.

Pledges of new FDI during the eight-month period rose an estimated 37.4 percent from a year earlier, to $13.45 billion, while additional funds to existing projects up 40.2 percent to $6.4 billion, the investment ministry said in an online report.

Vietnam's FDI inflows hit a record high of $15.8 billion in 2016.