Topic: foreign investment attraction

The province licensed 40 new FDI projects in 4M.

Outward investment from developed countries shows signs of slowing due to high inflation and low demand for goods, among other factors.

The Binh Duong Provincial People’s Committee has said that many businesses were registered and a great deal of foreign investment attracted in the southern province in the first nine months of this year. As of September 15, foreign investment stood at over $2.6 billion, representing 145 per cent of the annual plan and up 74 per cent year-on-year, including 54 new projects, 14 projects adding capital, and 134 instances of capital contributions and share purchases.