May 13, 2023 | 07:25

Nghe An among top 10 in 4M FDI

Nguyễn Thuấn

Total new and additional capital reached $287mln.

Nghe An among top 10 in 4M FDI

North-central Nghe An province continued to be among the top 10 localities receiving the largest amount of registered FDI capital in the first four months of the year, according to the Foreign Investment Agency (FIA) at the Ministry of Planning and Investment.

With $287 million worth of new FDI and additional capital to existing projects, Nghe An also topped the north-central region and the central coastal region in FDI attraction.

FIA data shows that as of April 20, total newly-registered capital, additional capital, and capital contributed to buy shares or buy capital contributed by foreign investors in Vietnam had reached $8.88 billion.

There were 750 new FDI projects granted investment licenses in the first four months of the year with total capital of over $4.1 billion, a year-on-year increase of 65.2 per cent in number and 11.1 per cent in capital.

Nearly $1.66 billion was added to 386 existing FDI projects.

Seventy-seven countries and territories invested in Vietnam in the first four months of the year. Singapore took the lead with nearly $2.2 billion, followed by Japan with nearly $2 billion and China with almost $752 million.

Foreign investors have invested in 46 cities and provinces nationwide. Hanoi topped the country in FDI attraction with total capital of more than $1.1 billion, followed by northern Bac Giang province with over $1 billion.

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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