HCM City leads in FDI attraction
Ho Chi Minh City leads the country in foreign direct investment (FDI) attraction
with more than 27.29 billion USD poured into 3,469 projects so far this year.
Ho Chi Minh City leads the country in foreign direct investment (FDI) attraction
with more than 27.29 billion USD poured into 3,469 projects so far this year.
Against 2008, the number of FDI projects increased by 370 and the total capital rose by 1.69 billion USD.
The top investors include the Republic of Korea, Singapore, Malaysia, Japan, the UK, France and the US.
In November alone, the city licensed 318 FDI projects capitalised at 813.3 million USD. Of that figure, the real estate sector attracted the most capital, 512.6 million USD injected into 15 projects, while the trade sector absorbed 117 million USD into 77 projects and the industry sector 109.5 million USD into 34 projects. The information technology industry drew only 11.1 million USD into 71 projects.
Also in November, 106 projects increased their investment capital with a total of 328.4 million USD added.
The FDI sector posted 7.54 billion USD in import-export turnover in the past 11 months of this year, of which exports reached 4.215 billion USD, down 8 percent year-on-year, and imports, 3.327 billion USD, down 18.1 percent.
The sector’s November industrial production value reached 17.35 trillion VND, bringing the total value for the past 11 months to 159.95 trillion VND, up 8.9 percent over the same period last year./.
Against 2008, the number of FDI projects increased by 370 and the total capital rose by 1.69 billion USD.
The top investors include the Republic of Korea, Singapore, Malaysia, Japan, the UK, France and the US.
In November alone, the city licensed 318 FDI projects capitalised at 813.3 million USD. Of that figure, the real estate sector attracted the most capital, 512.6 million USD injected into 15 projects, while the trade sector absorbed 117 million USD into 77 projects and the industry sector 109.5 million USD into 34 projects. The information technology industry drew only 11.1 million USD into 71 projects.
Also in November, 106 projects increased their investment capital with a total of 328.4 million USD added.
The FDI sector posted 7.54 billion USD in import-export turnover in the past 11 months of this year, of which exports reached 4.215 billion USD, down 8 percent year-on-year, and imports, 3.327 billion USD, down 18.1 percent.
The sector’s November industrial production value reached 17.35 trillion VND, bringing the total value for the past 11 months to 159.95 trillion VND, up 8.9 percent over the same period last year./.
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