889 FDI projects licensed

14:20 | 15/08/2014

VGP – The Foreign Investment Agency (FIA), under the Ministry of Planning and Investment on August 14 organized a meeting on foreign investment in the South.

Illustration photo

Nearly 17,000 projects have been operating nationwide as by July this year with a total registered capital of more than US$240 billion.

As of July 20, as many as 889 Foreign Direct Investment (FDI) projects, worth US$6.8 billion were licensed. A total number of 300 projects were poured an additional capital of US$2.6 billion.

The Southeast region took lead in attracting FDI, accounting for 43% of the total, followed by the Red River Delta 25%, the North Central Coast and the Central Coastal region 22% and the Mekong Delta 5%.

Japan, the Republic of Korea, Singapore and Taiwan are the largest investors in Viet Nam.

At the meeting, representatives of each locality presented advantages of each region and experience in attracting foreign investment as well as issues related to the implementation of foreign investment and production situations.

By Thuy Dung