Southern city lures USD1.6 billion in FDI over five-month period
Friday, 05/06/2020 17:58 (GMT+7)
Ho Chi Minh city attracted a combined total of USD1.6 billion in foreign direct investment (FDI) in the January - May period, accounting 57.67% of the figure in comparison with the same period from last year.
Photo for illustration (Source: thoibaotaichinhvietnam.vn)
Accordingly, Japan topped the list of the 47 countries and territories investing in the southern metropolis, with 44 projects worth USD80.5 million, making a lion’s share of 32.4% in terms of additional capital.
Singapore came second after putting in USD50.8 million in terms of registered capital, trailed by Hong Kong (China) and the Republic of Korea.
Moreover, its budget collection reached nearly VND139.40 trillion, equivalent to USD6 billion, accounting 34.35% of the yearly estimate and 84% in comparison with the same period of last year./.
BTA
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