VNECONOMY, 03/01/2008

Viet Nam has drawn around US$83.1 billion worth of 8,590 foreign direct investment (FDI) projects over the past two decades, according to an official from the Foreign Investment Department.
According to Director of the Department Phan Huu Thang, the FDI flow into Viet Nam increased rapidly during the 1991-96 period before declining from 1997 due to negative effects of the regional financial crisis. The sector, however, started to show signs of recovery since 2000.
Average investment capital of each FDI project has also increased gradually with the exception of several years following the regional financial crisis.
From US$7.5 million per project per year during the 1988-90 period, the figure has almost doubled during the 2006-07 period.


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