Processing, manufacturing industry attract most FDI projects

Processing and manufacturing industry has attracted the most foreign direct investment (FDI) projects in 2014, according to the Ministry of Planning and Investment’s Foreign Investment Agency.

About 62 newly-registered FDI projects reached US$1.178 billion, accounting for 76.5 percent of total investment capital in January and February.

The country has 122 newly licensed projects with total investment of US$831 million, equal to 80 percent compared to same period last year as of February 20. Forty-one project investors increased capital to US$709 million, equal to 23 percent of the same period last year.

However, FDI projects have disbursed US$1.12 billion, up by 6.7 percent against the same period last year.

By Giang Dinh - Translated by Uyen Phuong

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