More than 1.38 billion USD in foreign direct investment (FDI) was poured into the northern port city of Hai Phong during January-August, a year-on-year increase of 99.34 percent.
Nomura Industrial Park in Hai Phong city (Photo: khucongnghiep.com.vn)
Hai Phong (VNA) – More than 1.38 billion USD in foreign directinvestment (FDI) was poured into the northern port city of Hai Phong duringJanuary-August, a year-on-year increase of 99.34 percent.
The money was injected into 94 projects, 64 of which were newly grantedprojects and the remainders were capital adjustment ones.
Japan and the Republic of Korea continued the largest investors in the city.
From the outset of the year, Vietnam granted investment licenses to 1,918 newprojects with a total registered capital of 13.48 billion USD, up 0.2 percentyear-on-year, and allowed 736 existing projects to increase their capital to atotal of 5.58 billion USD, equal to 87.2 percent year-on-year.
Foreign investors contributed capital and purchased shares of 5.28 billion USD,a year-on-year increase of 50.9 percent.
The FDI sector exported 110.3 billion USD worth of goods, including crude oil,showing a year-on-year rise of 13.4 percent and making up nearly 70.9 percentof the country’s total export turnover.
Foreign investment was poured into 17 sectors, mainly in the processing andmanufacturing industry with 10.72 billion USD, or 44 percent of the totalregistered investment.
Other attractive fields were real estate, and wholesale and retail with 5.9billion USD and 1.87 billion USD respectively, accounting for 24.2 percent and7.6 percent of the total investment.-VNA
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Nomura Industrial Park in Hai Phong city (Photo: khucongnghiep.com.vn) 
