November 29, 2023 | 13:40 GMT+7

Quang Ninh tops 11M FDI attraction

Trương Quốc Cường -

Total registered investment capital in northern province hits $3.11 billion.

Quang Ninh province.
Quang Ninh province.

Northern Quang Ninh province continues to top the 56 localities in Vietnam attracting FDI, with total registered investment capital of nearly $3.11 billion in the first eleven months of the year, a 42.3 per cent increase year-on-year, figures from the Foreign Investment Agency at the Ministry of Planning and Investment show.

This is equivalent to nearly 10.8 per cent of Vietnam’s total FDI attraction.

The province was followed by Ho Chi Minh City with total registered investment capital of $3.08 billion, accounting for 10.7 per cent of the country’s total.

Northern Hai Phong city ranked third, with $2.8 billion, followed by northern Bac Giang province, with $2.7 billion, and Hanoi with $2.6 billion.

The majority of FDI capital poured into cities and provinces with advantages in infrastructure, stable human resources, administrative reform, and investment promotions, such as Ho Chi Minh City, Hanoi, Bac Ninh, and Binh Duong.

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