
FDI disbursement on the rise(29/9)
29/09/2011 - 9 Lượt xem
Meanwhile, 178 operating projects received approval to raise their level of capital by a combined $1.67 billion.
The new additions have brought the total FDI registered in the first nine months of the year to more than $9.9 billion, representing a year-on-year decrease of 28 per cent, the GSO said.
During the period, Hong Kong remained Vietnam 's largest source of foreign investment with $2.8 billion, making up 34 per cent of the country's new registered capital.
The processing and manufacturing sector attracted the lion's share of FDI, gobbling up $4.91 billion. Electricity, gas and water production and the distribution sector contributed $2.52 billion while the construction industry made up $689 million.
Drawing $2.48 billion, or 30 per cent of the nation's total FDI, the northern province of Hai Duong proved to be the country's ideal destination for foreign investors. HCM City followed with $1.68 billion, southern Ba Ria-Vung Tau province with $548 million and the capital city with $451 million.
Source: VIR.
