FDI in HCM City in first five months thrives
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%.
June 06, 2018 5:01 PM GMT+7
The city recorded expanding FDI thanks to effective trade and investment promotion activities, said the municipal Department of Planning and Investment.
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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 |
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The Republic of Korea was the largest foreign investor in the five months with US$111 million, accounting for 28.2% of total capital. |
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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
