The southern province of Dong Nai has so far attracted 1,378 foreign-invested projects with total registered capital of 28.5 billion USD, according to the provincial People’s Committee.
Leaders of the northern province of Hai Duong on January 2 granted investment licenses to firms from Hong Kong (China) and Seychelles to operate in local industrial parks.
The northern mountainous province of Thai Nguyen has attracted 62 projects with total registered capital of about 113.5 trillion VND (4.8 billion USD) since it hosted the investment promotion conference last July.
Japan took the lead among 112 countries and territories invested in Vietnam in 2018, with 8.59 billion USD, making up 24 percent of the nation’s total FDI.
The manufacturing and processing sector garnered the most interest from foreign investors in 2018, attracting 16.58 billion USD, or 47 percent of the registered capital.
The southern province of Binh Duong is expected to make a breakthrough progress in socio-economic development in 2019 thanks to its recent strong growth.
Vietnam attracted 35.46 billion USD in total foreign direct investment (FDI) in 2018, equivalent to 98.8 percent of the previous year’s figure.
Deputy Prime Minister Trinh Dinh Dung chaired a consultation conference on foreign investment attraction and orientations in the northern province of Vinh Phuc on December 21, during which he affirmed that attracting foreign investment is a consistent policy of the Vietnamese Party and State.
Leaders of the northern province of Hoa Binh handed approval decisions on nine projects and signed Memorandums of Understanding with 15 investors on 19 projects with total registered capital of 94 trillion VND (approximately 4 billion USD), at an investment promotion conference on December 11.
The total newly-registered, additional foreign capital and foreign investors’ stake purchase reached 30.8 billion USD over the first 11 months of the year, or 93.2 percent from the same period last year, reported the Ministry of Planning and Investment’s Foreign Investment Agency.
Industrial zones (IZs) in the northern province of Hai Duong have attracted more investment since early this year, according to the provincial management board of IZs.
The Central Highlands province of Gia Lai has worked hard to improve its investment environment and competitiveness in a bid to attract more domestic and foreign investors.
The efforts of Phu Tho province to mobilize all resources to invest in infrastructure have paid off, with the flow of both domestic and foreign investment in the northern mountainous province increasing remarkably.
Foreign direct investment (FDI) has helped boost socio-economic development in the northern mountainous province of Yen Bai, contributing to shifting the economic structure, creating more jobs and improving locals’ living conditions.
Long An province, located in the southern key economic region, has reaped encouraging outcomes in investment attraction, and it will press on with concrete solutions to attract more quality projects in the time ahead, authorities said.
So far this year, authorities of the northern province of Bac Ninh have licensed 148 new investment projects worth 376.154 million USD.
Prime Minister Nguyen Xuan Phuc chaired a seminar on investment attraction to Vietnam in the context of the Fourth Industrial Revolution with more than 40 leading businesses of the US in New York city on September 27.
Disbursement of foreign direct investment (FDI) in the first nine months of this year experienced a modest increase of 6 percent to 13.25 billion USD compared to the same period last year.
