FDI capital attraction increases 167.5 percent in 2 months

Since the beginning of this year, the country has drawn 291 FDI projects with total capital of US$ 1.9 billion, an increase of 96.6 percent in volume and 167.5 percent in value over previous last year.

Since the beginning of this year, the country has drawn 291 FDI projects with total capital of US$ 1.9 billion, an increase of 96.6 percent in volume and 167.5 percent in value over previous last year.

And 137 FDI projects have been adjusted capital of US$ 898.3 million.

Of these, total newly licensed projects & added capital reached US$ 2.8billion, a 135 percent rise compared to the same period last year. Total FDI capital in the first two months of this year saw US$ 1.5 billion, up 15.4 percent over previous year.

The Ministry of Planning & Investment said FDI projects in first two months of 2016 focused on the processing industry sector with registered capital of US$ 2billion, accounting for 71.2 percent. Art, entertainment and service sector reached US$ 210.6million, of 7.5 percent and other sectors were US$ 597.8 million of 21.3 percent.

Among 32 localities, Hanoi led the country in attracting FDI with US$ 242.4million, accounting for 12.7 percent; followed by Bac Giang with US$ 206.1 million, Bac Ninh with US$ 200.6million respectively while HCMC dropped to the fifth position with US$ 155.9million accounting for 8.2 percent.

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