A view of Ho Chi Minh City (Phto: VNA) Hanoi (VNA) – Ho Chi Minh City was the most attractive destinationfor foreign investors, luring 3.74 billion USD in the first nine months of thisyear, accounting for 14.6 percent of the country’s total 25.4 billion USD.
According to the Foreign Investment Agency under the Ministry ofplanning and Investment, the north central province of Thanh Hoa came secondwith 3.15 billion USD, accounting for 12.4 percent of total FDI.
Meanwhile, the northern province of Bac Ninh ranked third with 3.14billion USD, or 12.3 percent of total figure, the agency reported.
As of September 20, Vietnam attracted 25.4 billion USD in foreign directinvestment (FDI) in the reviewed period, up 34.3 percent year on year.
Of the total, 14.5 billion USD was poured into 1,844 new projects, while6.75 billion USD was additional capital to 878 underway ones, and 4.16 billionUSD was worth capital shares bought by foreign investors.
So far this year, foreign investors invested in 18 areas, mostly in the processingand manufacturing sector with 12.64 billion USD, or 49.6 percent of total FDI.
Production and distribution of power was the second most attractivesector, which reeled in 5.37 billion USD, followed by the wholesale and retailsector with 1.58 billion USD.-VNA
VNA
