An estimated $6.7 billion in FDI was disbursed during the period, representing a 7.3 per cent YoY increase highlighting continued investor trust in Vietnam’s economic prospects, said Vietnamese media reports quoting Minister of Finance Nguyen Van Thang.
Vietnam’s total trade volume in April was estimated at $74.32 billion. While this represented a slight decline of 1.4 per cent from the previous month, it marked a significant 21.3 per cent YoY increase.
Industrial production also grew by 8.9 per cent in April and 8.4 per cent over the January–April period.
Meanwhile, exports increased by 13 per cent and imports by 18.6 per cent in the first four months, bringing the total trade value to $276.89 billion during the same period, up 15.7 per cent YoY.
Fibre2Fashion News Desk (SG)