Binh Duong attracts additional US$400mil investment

The People’s Committee in the southern province of Binh Duong on September 16 granted investment certificates to 42 projects with the total investment capital of about US$400 million.

Since early this year, investment capital from domestic sector approximated VND7,500 billion. Foreign direct investment totaled US$1.4 billion, up 26 percent over the same period last year.

Vietnam has four provinces and cities with FDI capital exceeding US$20 billion.

HCMC has 5,040 projects with the total capital of US$35.9 billion and Ba Ria-Vung Tau has 299 projects with $26.7 billion.

Hanoi has licensed 2,898 projects at US$ 23.3 billion and Binh Duong has licensed 2,344 projects at 20.2 billion.

By Duc Trung – Translated by Hai Mien

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