Vietnam attracts 24.35 bln USD of FDI in eight months
Foreign direct investment (FDI) registered in Vietnam in the first eight months of this year witnessed a year-on-year increase of 4.2 percent to 24.35 billion USD.
The southern economic hub of Ho Chi Minh City attracted more 4.69 billion USD in foreign direct investment (FDI) in the first seven months of 2018, a year-on-year rise of 70.5 percent.
Hanoi lured more than 6.17 billion USD in foreign direct investment (FDI) in the first seven months of 2018, making it the leading FDI attractor of the country, accounting for 26.9 percent of total FDI commitments in the period.
Foreign direct investment (FDI) in HCM City is dwindling and cannot continue to drive the economy, Su Ngoc Anh, Director of the municipal Department of Planning and Investment, has said.
The northern province of Bac Ninh licensed 116 new foreign direct investment (FDI) projects worth 332.5 million USD in the first seven months of 2018, according to the provincial Department of Planning and Investment.
Vietnam will produce more than 23 million tonnes of animal and poultry feed this year, according to a report by the Ministry of Agriculture and Rural Development (MARD).