Vietnam Jan-Feb FDI inflows seen down 4.9% y/y at $2.55 billion – Planning Ministry

HANOI (Reuters) – Disbursement of foreign direct investment (FDI) in Vietnam in the first two months of this year fell 4.9% from a year earlier to $2.55 billion, the Ministry of Planning and Investment said on Monday.

FDI pledges, which indicate the size of future FDI disbursements, also fell 38% to $3.1 billion in the two-month period, the ministry said in a report. Of those, 70% were due to be invested in manufacturing and processing, while 12.8% targeted real estate, it said.

(Reporting by Phuong Nguyen; Editing by Kanupriya Kapoor)

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