HCMC attracts most FDI capital worth $1.05 billion

HCMC continued attracting most foreign direct investment (FDI) capital in the first two months this year with the registered funds of US$1.05 billion, accounting for 31.27 percent of total investment capital.
Saigon Hi-Tech Park attracts lot of FDI firms
Saigon Hi-Tech Park attracts lot of FDI firms
According to a report by Foreign Investment Agency under the Ministry of Planning and Investment, the city was followed by Binh Duong province with $434 million and Ninh Thuan province with $253.9 million.
FDI capital registered to Vietnam was US$3.34 billion, accounting for 98.2 percent of that during the same period in 2017.
Of these, 411 projects received investment certificates with the total capital of US$1.39 billion. In addition, 133 projects registered to increase investment capital by $700.3 million.
The country saw 873 capital contributions and share purchases by foreign investors with the total value of $1.25 billion, increasing 102.5 percent over the same period last year. The capital contribution and share purchase has been more popular, significantly contributing to total foreign capital registered to Vietnam.

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