Far Eastern Group, a prominent conglomerate from Taiwan, has announced an additional investment exceeding $250 million to expand its factory in Binh Duong.
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Newly-registered FDI rises 18.6 per cent in first five months 16:57 | 26/05/2021
Newly-registered FDI capital raising 17 per cent in the first five months
The total newly-registered and added capital, as well as capital contributions and share purchases in the first five months of the year amounted to nearly $14 billion as of May 20, a rise of 0.8 per cent on-year, according to the Ministry of Planning and Investment s Foreign Investment Agency.
Of these, 613 projects (down 49.4 per cent on-year) received new investment certificates, with a total registered capital of nearly $8.83 billion (up 18.6 per cent on-year).
342 projects (down 21.6 per cent) asked to adjust capital with a total of over $3.86 billion (up 11.7 per cent on-year). The most outstanding project is the adjustment of Polytex Far Eastern Vietnam Co., Ltd. (Taiwan), which raised capital by $610 million after receiving the adjusted investment certificate on May 13, 2021.