Viet Nam gets $663-million FDI in January

Tuesday, Feb 10, 2015 15:06

In the first month of 2015 Viet Nam drew more than $600 million FDI. – Photo

HA NOI (Biz Hub) – Viet Nam lured 15 countries and territories to invest $663.44 million in the country in January 2015, Dien Dan Doanh Nghiep (Business Forum) newspaper reported.

The new and additional foreign direct investment (FDI) in the country increased by 67.1 per cent, compared with the same period last year.

The figures were included in the January report on FDI projects, prepared by the Planning and Investment Ministry's Foreign Investment Department.

The ministry pointed out that the British Virgin Islands topped the list with an investment capital of US$331.32 million, accounting for 49.9 per cent of the total capital invested in the country.

South Korea came second with new and additional capital of $110.25 million, comprising about 16.6 per cent of the total capital. Hong Kong (China) ranked third with investment funds of $105.5 million, or 15.9 per cent of the total capital.

According to the Department of Foreign Investment, the major projects that have been granted investment licences in the first month of the year include the $300-million Worldond limited company high-end garments project from the British Virgin Islands in HCM City.

Two more projects worth noting are Regina Miracle International Viet Nam Ltd Company's project in the northern Hai Phong province that increased its capital to $90 million, and the Taekwang MTC Viet Nam in the southern Dong Nai province that increased their capital to $43.2 million. – VNS

Comments (0)