Thanh Hoa province in central Vietnam has recorded strong investment growth since ealy this year, attracting 10 foreign direct investment (FDI) projects worth $411.7 million of registered capital  as of August 15, alongside 80 domestic projects with a combined registered value of more than VND15.85 trillion ($602 million).

The figures represent a 117% year-on-year increase in FDI capital and a 23% rise in domestic capital.

In August alone, 14 projects were approved, including one FDI project valued at $16.8 million and 13 domestic projects worth over VND1.99 trillion ($75.6 million).

Industrial production also showed robust growth, with the province’s Index of Industrial Production climbing 14.2% year-on-year in the first eight months.

Tourism continues to be a bright spot, as Thanh Hoa welcomed 1.16 million visitors in August, up 3.1% from the same period last year. Tourism revenue was estimated at more than VND3.11 trillion ($118 million), an 8.6% increase year-on-year.