Footwear being made for export at the Japan-invested Midori Safety Footwear Viet Nam in Quang Nam Province’s Dien Nam-Dien Ngoc Industrial Zone. — VNA/VNS Photo Danh Lam Foreign investment commitments to Viet Nam in the first half of this year decreased 15.1 per cent year-on-year to US$15.67 billion, a report from the Ministry of Planning and Investment’s Foreign Investment Agency has shown. In the period, 1,418 new projects were licensed with a total registered capital of $8.44 billion, down 18 per cent in the number of projects but up 14 per cent in capital year-on-year. According to the agency, a surge in newly registered foreign direct investment (FDI) in the six-month period was attributable to the $4 billion-liquefied natural gas (LNG) plant project in the southern province of Bac Lieu, accounting for 47.4 per cent of fresh FDI commitments. At the same time, 526 existing projects were allowed to add $3.7 billion, up 27 per cent in capital. Meanwhile, investors indirectly contributed $3.51 billion in 4,125 projects through share purchasing, up 2.6 per cent in the number of projects but down 57 per cent in value year-on-year. Among 18 sectors receiving foreign capital, the processing and manufacturing industry attracted the… Read full this story
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