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US$7.473 Billion In Foreign Investment Over First Seven Months

Vietnam had attracted 717 foreign investment projects with a registered capital of 6,370.68 million USD during the first seven months of this year, an average of 9 million USD per project, reported the Foreign Investment Department under the Ministry of Planning and Investment (MPI).

The foreign investment capital has concentrated on the fields of industry and construction with 460 projects and 3,433.6 million USD in registered capital. Additionally, services lured 2,815.2 million USD in to 220 projects and the agricultural, forestry and aquatic sectors gained 37 projects with 121.8 million USD. The forms of investment were are diverse, including 100 percent foreign-invested projects, joint venture projects and joint stock ones.

Foreign investment in Vietnam during the first seven months of this year reached 7.473 billion USD, up 49.7 percent over the same period last year.

In the first seven months, 39 nations and territories have poured new investment capital in Vietnam, of which South Korea ranks first with 1.434 billion USD of registered capital in 214 projects.

The province attracted the most investment capital is Ba Ria-Vung Tau with 1,066.2 million USD. Many other provinces and cities such as Hanoi, Hau Giang, Binh Duong and Ho Chi Minh City have also seen a rise in investment.

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