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Binh Duong attracts over 1.2 bln USD in FDI in seven months

The southern province of Binh Duong attracted over 1.2 billion USD in foreign direct investment (FDI) from January-July, surpassing the yearly target of one billion USD.
Binh Duong attracts over 1.2 bln USD in FDI in seven months ảnh 1Workers assemble garment products at Toyotsu Vehitecs Vietnam, a wholly Japanese-invested enterprise in southern Binh Duong province (Photo: VNA)

The southern province of Binh Duong attracted over 1.2 billion USD in foreign direct investment (FDI) from January-July, surpassing the yearly target of one billion USD.

During the period, the locality welcomed 119 new investment projects and increased the allocated capital to 79 existing ventures, according to the provincial People’s Committee.

In July alone, the province lured 631 million USD in FDI, including 33 newly-licensed projects worth 363 million USD and 20 operations adding more 268 million USD.

Binh Duong is currently ranked second across the country in FDI attraction.-VNA

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