FDI capital shows increase

Published: 19/03/2013 02:45

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Foreign investments in Viet Nam touched US$16.3 billion last year, including newly registered and additional capital, showing an increase of US$3 billion as compared to the provisional data announced earlier.

Japan remained the biggest investor with US$5.6 billion in newly registered and additional capital, accounting for 34.2% of total FDI investment capital in Viet Nam in 2012.

Binh Duong Province still attracted the most FDI capital with US$2.8 billion, accounting for 17.1%. Ha Tinh Province followed with more than US$2 billion, or 13.1%. Hanoi and Ho Chi Minh City took third and fourth spots in tandem, with around US$1.34 billion.

This year, the country is targeting about US$13-14 billion in registered capital, and US$10.5-11 billion in implemented FDI capital.

According to the Foreign Investment Agency under the Ministry of Planning and Investment, last year, total newly registered and additional investment capital of Vietnamese companies in foreign countries touched nearly $1.55 billion, accounting for 61.11% of that in 2011.

Hanoitimes

Provide by Vietnam Travel

FDI capital shows increase - Business News |  vietnam travel company

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