Since the beginning of the year, nine new projects have been granted investment licences by central Thua Thien - Hue province with a total investment of more than 2 trillion VND (85 million USD), according to a report by the provincial Department of Planning and Investment.
The Ministry of Planning and Investment has asked People’s Committees of cities and provinces to instruct relevant agencies to review foreign-invested projects in the localities.
Bright prospects predicted in FDI attraction in 2022 and following years english.vov.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from english.vov.vn Daily Mail and Mail on Sunday newspapers.
investment licences with total registered
capital of 3.31 billion USD, a year-on-year fall of 33.9 percent.
Meanwhile,
115 existing projects adjusted their investment capital with a total additional
sum of 1.61 billion USD, or 2.5 times higher than the same time last year.
Capital contributions and shares purchases by foreign investors stood at 543.1
million USD, down 34.4 percent.
Foreign investors pumped capital in 17 sectors, with processing and manufacturing holding the lead with over 3
billion USD or 55.7 percent, followed by power production and distribution with 1.44 billion
USD (26.5 percent), real estate 485 million USD, and science-technology nearly 153 million
USD.
Japan topped the list of 46 countries and territories landing investment in