Manufacturing and processing sector playing key role in FDI attraction

The manufacturing and processing sector has taken the lead in attracting foreign direct investment (FDI) since the beginning of this year, pulling in US$6.1 billion, or over 43% of the total.

Of the 613 foreign-invested projects in 18 sectors licensed this year, electricity production and distribution ranked second in terms of FDI attraction with more than US$5.4 billion, or over 38% of the total, followed by real estate with over US$1 billion.

Head of the Ministry of Planning and Investment (MoPI)’s Foreign Investment Agency Do Nhat Hoang said FDI flows to key areas such as energy and manufacturing and processing are evidence of Vietnam’s stability and prestige in FDI attraction.

Minister of Planning and Investment Nguyen Chi Dung recently issued a decision removing 58 administrative procedures in investment, thus helping enterprises save time and money.

The MoPI also announced 65 new administrative procedures in investment from the central to provincial levels, creating favourable conditions for investors.

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FDI inflows into IPs and Ezs surge over five-month period
FDI inflows into IPs and Ezs surge over five-month period

VOV.VN - Industrial zones (IPs) and economic zones (EZs) nationwide attracted a total of 291 foreign direct investment projects during the five-month period with newly-registered and additionally increased capital reaching approximately US$6.02 billion, a year-on-year increase of roughly 10.3%.

FDI inflows into IPs and Ezs surge over five-month period

FDI inflows into IPs and Ezs surge over five-month period

VOV.VN - Industrial zones (IPs) and economic zones (EZs) nationwide attracted a total of 291 foreign direct investment projects during the five-month period with newly-registered and additionally increased capital reaching approximately US$6.02 billion, a year-on-year increase of roughly 10.3%.

HCM City attracts over US$1.34 billion worth of FDI in first five months
HCM City attracts over US$1.34 billion worth of FDI in first five months

The inflow of foreign direct investment (FDI) into Ho Chi Minh City surpassed US$1.34 billion in the first five months of this year, down 16.52% year-on-year, according to the municipal Statistics Office.

HCM City attracts over US$1.34 billion worth of FDI in first five months

HCM City attracts over US$1.34 billion worth of FDI in first five months

The inflow of foreign direct investment (FDI) into Ho Chi Minh City surpassed US$1.34 billion in the first five months of this year, down 16.52% year-on-year, according to the municipal Statistics Office.

FDI disbursement rises 6.8% despite COVID-19 threats
FDI disbursement rises 6.8% despite COVID-19 threats

VOV.VN - The country’s foreign direct investment (FDI) disbursement during the opening four months of the year recorded an increase of 6.8% on-year to US$5.5 billion, according to the Foreign Investment Agency.

FDI disbursement rises 6.8% despite COVID-19 threats

FDI disbursement rises 6.8% despite COVID-19 threats

VOV.VN - The country’s foreign direct investment (FDI) disbursement during the opening four months of the year recorded an increase of 6.8% on-year to US$5.5 billion, according to the Foreign Investment Agency.