Ha Noi attracts FDI capital of US$744 million in four months

02/05/2018

VGP - Foreign direct investment in Ha Noi amounted to US$744 million in the first four months of 2018, according to the municipal report on its implementation of socio-economic development plan.

In the first four months, of the total FDI amount, US$498.6 million was poured into new projects, US$55.4 million was added to existing projects, and US$190 million was invested in company stakes.

The city was followed by Ho Chi Minh City with US$ 498.7 million, accounting for 14%, Binh Duong with US$364.8 million, accounting for 10.3% of total investment capital; Ninh Thuan attracting US$327.6 million occupying 9.2%; Dong Nai drawing US$273.9 million encompassing 7.7%; Ha Nam with US$187.7 million, accounting for 5.3%; Ba Ria- Vung Tau attracting US$182.7 million, accounting for 5.1%; and Quang Ninh with US$176.6 million, getting 5%.

During the period, the city also approved 21 privately financed projects with total investment of 16.3 trillion VND (US$717.2 million), according to the municipal report on its implementation of socio-economic development plan.

In addition, the authorities also licenced the establishment of 8,139 new enterprises, with their registered capital totaling over VND78.2 trillion (US$3.44 billion). The value presented an annual increase of 27%.

By Vien Nhu