Hai Phong draws over 1.8 billion USD in FDI
The northern port city of Hai Phong granted licenses to 28 new foreign direct investment (FDI) projects worth 1.83 billion USD in the first seven months of 2016.
Illustrative image (Source: VNA)Sixteen existing projects in the city increased their investment capital by 140.92 million USD in January – July.
The city has 476 valid FDI projects capitalised at 12.88 billion USD.
As of July 20, Vietnam attracted 12.94 billion USD in FDI, up 46.9 percent against the same period last year, according to the General Statistics Office.
Of the total, nearly 8.7 billion USD came from 1,408 new projects and the remaining from 660 added-capital projects.
Investors poured money into new projects across 47 provinces and cities nationwide in the period.
Hai Phong topped the country in attracting new FDI projects, followed by Hanoi, and southern Binh Duong and Dong Nai provinces, and Ho Chi Minh City.-VNA
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