Workers install electronic products at South Korea's Samsung Co, which is expanding investment in Thai Nguyen. The northern province presently tops FDI attraction in Viet Nam. — Photo vnexpress.net

HA NOI (Biz Hub) ― Northern Thai Nguyen Province attracted the most foreign direct investment (FDI) in Viet Nam in the first 10 months of this year, the Foreign Investment Agency has reported.

The province lured an additional capital of over US$3.4 billion, representing 17.7 per cent of the nation's newly-registered amount.

Central Thanh Hoa Province ranked second and accounted for 15.2 per cent, with a $2.8 billion capital increase at Nghi Son Oil Refinery helping raise local new capital to about $2.92 billion.

The south-central province of Binh Thuan followed closely with new capital reaching over $2 billion, representing 10.6 per cent.

As of October 20, the nation had $19 billion in additional FDI, an increase of 65 per cent over the same period last year. Manufacturing and processing industries attracted most foreign investors, luring 78 per cent of the national amount.

Disbursed capital reached nearly $9.6 billion, up 6.4 per cent year-on-year, according to the agency. ― VNS