Business

Hai Phong draws over 1.8 billion USD in FDI

The northern port city of Hai Phong granted licenses to 28 new foreign direct investment (FDI) projects worth 1.83 billion USD in the first seven months of 2016.
Hai Phong draws over 1.8 billion USD in FDI ảnh 1Illustrative image (Source: VNA)

Hanoi (VNA) – The northern port city of Hai Phong granted licenses to 28 new foreign direct investment (FDI) projects worth 1.83 billion USD in the first seven months of 2016.

Sixteen existing projects in the city increased their investment capital by 140.92 million USD in January – July.

The city has 476 valid FDI projects capitalised at 12.88 billion USD.

As of July 20, Vietnam attracted 12.94 billion USD in FDI, up 46.9 percent against the same period last year, according to the General Statistics Office.

Of the total, nearly 8.7 billion USD came from 1,408 new projects and the remaining from 660 added-capital projects.

Investors poured money into new projects across 47 provinces and cities nationwide in the period.

Hai Phong topped the country in attracting new FDI projects, followed by Hanoi, and southern Binh Duong and Dong Nai provinces, and Ho Chi Minh City.-VNA

VNA
#foreign direct investment#FDI#projects#increased capital#General Statistics Office
Follow VietnamPlus

Related News

Hai Phong port (Photo: VNA)

Port city ranks second in FDI attraction

The northern port city of Hai Phong remains the country’s second-biggest receiver of foreign direct investment (FDI), with 235.4 million USD being poured into the locality in the first quarter of 2014.
FDI flow into Hai Phong soars

FDI flow into Hai Phong soars

The northern port city of Hai Phong absorbed 1.8 billion USD in foreign direct investment (FDI) in the first half this year, 3.5 times higher than the same period last year.
Vietnam sees 46.9-percent FDI surge

Vietnam sees 46.9-percent FDI surge

Vietnam has attracted 12.94 billion USD in foreign direct investment (FDI) as of July 20, up 46.9 percent against the same period last year, according to the General Statistics Office.

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.