FDI in HCM City in first five months thrives
17:01 | 06/06/2018

VGP – Ho Chi Minh City took the lead in attracting the Foreign Direct Investment (FDI) among 53 provinces and cities nationwide with US$2.39 billion in the first five months of 2018, accounting for 24.2%.

The city recorded expanding FDI thanks to effective trade and investment promotion activities, said the municipal Department of Planning and Investment.

As many as 882 foreign investors registered US$1.19 billion to contribute capital, buy shares and buy capital owned by domestic investors in businesses

The Republic of Korea was the largest foreign investor in the five months with US$111 million, accounting for 28.2% of total capital.

Processing and manufacturing attracted the biggest foreign investment, US$127.79 million, accounting for 32.4% of total capital and rising by 4.2% year on year

By Thuy Dung

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