Nearly 200 Foreign Investment Projects were Licensed in January 2018

Nearly 200 Foreign Investment Projects were Licensed in January 2018

According to the Department of Foreign Investment (MPI), the total registered capital,including new and increased capital and share purchase of foreign investors in January is $ 1,255 billion, estimated disbursment of $ 1.05 billion (up 10.5%).

Investment in Vietnam - According to statistics, generally in January, the foreign investment sector's export surpassed $ 5.79 billion including crude oil and $ 5.6 billion excluding crude oil.

Up to January 20, 2018, 166 new projects were granted investment certificates with a total registered capital of US$ 442.59 million, equaling 35.6% over the same period. South Korea is ranked first with total investment of US$ 355.6 million, followed by Singapore with total registered capital of US$ 199 million and third with Hong Kong with a total registered capital of US$ 147.4 million.

The projects are invested in 42 provinces and cities, of which Ho Chi Minh City is the most attracted destination with the total registered capital of US$ 306.2 million (accounting for 24.4% of the total investment capital). Secondly is Hai Duong of US$ 181.3 million (14.4%) and finally is Binh Duong of US$ 168.1 million (13.4%). Investors focus mainly on processing and manufacturing industry, wholesale and retail and real estate business.

/laodong.vn/

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