Ho Chi Minh City attracted 2.18 billion USD in foreign direct investment (FDI) in the first six months of 2022, a year-on-year increase of 60.07%, according to the municipal Department of Planning and Investment.
HCM City (VNA) – Ho Chi Minh Cityattracted 2.18 billion USD in foreign direct investment (FDI) in the first sixmonths of 2022, a year-on-year increase of 60.07%, according to the municipalDepartment of Planning and Investment.
From January to June, 291 new projects were granted investment certificates, up5.43% compared to the same period last year, with total registered capital of223.75 million USD, down 1.28% against last year.
In addition, 68 projects applied toadjust their investment capital, a decline of 2.86% over the same period, with totaladditional registered capital reaching 1.37 billion USD, up 205.19% compared tothe same period last year.
There were also 1,105 approved transactions in the form of capitalcontribution and share purchases by foreign investors in the first half, ayear-on-year rise of 9.62%, with the total value of contributed capitalreaching over 583.11 million USD, down 15.12% year-on-year.
Between January and June, the southern province ofDong Nai lured more than 321 million USD in FDI, equal to 42% of the amount in the same period last year.
Of which, 99 million USD was poured into 12new projects and an additional 222.4 million USD in 34 existing projects.
According to the provincial People’s Committee, investment in new projectsmainly came from the Republic of Korea, Taiwan (China), Japan and China.
✨ Currently, the province has 1,549 valid FDI projects with total registeredcapital of nearly 32.5 billion USD./.
The northern province of Quang Ninh posted an estimated growth rate of 10.66% in Gross Regional Domestic Product (GRDP) in the first six months of this year, which is 2.64 percentage points higher than the rate in the same period of 2021.
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Illustration. (Photo: VNA)
