FDI capital rockets up in July

US$9.53 billion of Registered capital of Foreign Direct Investment (FDI) in the first seven months accounted for 80 percent of the number in the same period last year, however, it rocketed up in July thanks to a US$1 billion project of Samsung Display.

FDI capital highly increases in July (Photo: SGGP)

The project of Samsung Display, which conducts research and development of high-digital LCDs, was licensed in the northern province of Bac Ninh early this month.
Number of FDI projects increased capital was equivalent to 54 percent of over the same last year, reaching US$2.67 billion.
The good news is that, according to the the Foreign Investment Agency under the Ministry of Planning and Investment, disbursement edged up to US$6.8 billion, up 2.3 percent year on year.
Manufacturing and processing fields attracted most foreign investment with 448 new registered projects. New registered and added capital reached US$6.66 billion to occupy 70 percent of the total number in seven months.

Related article:
Bac Ninh grants certificate to Samsung Display’s US$1 billion project

By Anh Thu - Translated by Hai Mien

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