Viet Nam has in the first quarter of this year attracted more than 2.5 billion USD in foreign direct investment (FDI), a year-on-year increase of 22%, reported the Ministry of Planning and Investment.
According to the Foreign Investment Department, in March alone, the country licensed 71 FDI projects with a combined registered capital of 455 million USD and permitted 47 operational projects which added 432 million USD to their investment capital.
Up to 49% of the total capital of the first three months was poured into the service industry, 48% into industrial projects, and the remainder into the agro-forestry-fisheries sector.
The Republic of Korea emerged as the biggest investor in Viet Nam in the reviewed period with a total registered capital of 486 million USD, followed by Singapore with 476 million USD.
According to the department, the largest projects involve the construction of a 276 million USD resort in central Thua Thien-Hue province, a 220 million USD paper mill in southern Binh Duong province, a 165 million USD seaport in southern Ba Ria-Vung Tau province and a 100 million USD reservoir in northern Thai Nguyen province.
Source: VNA
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