The Hanoitimes – Foreign direct and indirect investment inflow to Vietnam has still maintained growth though many other Asian markets have suffered a significant capital withdrawal in the wake of the US Treasury’s interest rate hikes. Vietnam’s high GDP growth in 2018 is very supportive information for investors According to statistics from the State Securities Commission (SSC), from the beginning of this year to the end of October 9, net foreign flows into Vietnam inched up to US$2.89 billion, nearly equal to the total figure of US$2.92 billion in the entire last year. SSC’s chairman Tran Van Dung said that the number is a good sign compared to the current situation of capital withdrawal from other Asian markets. From the beginning of the year, foreign investors have withdrawn from seven Asian markets including South Korea, Thailand, Indonesia, the Philippines, India, Taiwan and Malaysia with a total value of US$27.34 billion. As of October 9, the value of foreign investment portfolios in Vietnam was estimated at US$36.3 billion, rising by US$3.5 billion against US$32.8 billion at the end of 2017. Trading activities of foreign investors remain busy recently. Particularly in September, foreign investors were net buyers of VND764 billion (US$32.6 million)… Read full this story
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