Foreign investment in Vietnam declined as much as 72 percent as of April according to AP.
The sharp declined in Vietnam investment is due to the negative impact of the global recession and is hurting the Vietnam tourism industry as well.
Foreign investment in Vietnam hit a record $64 billion in 2008 but is now down to $6.4 billion according to the Vietnam government’s General Statistics Office.
1 response so far ↓
1 Suresh // May 25, 2009 at 9:42 pm
The FDI figures appear to be wrong. US$64 billion FDI is a huge amount. Figures needs to be checked/confirmed by official records.
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