Binh Duong surpassed Hanoi to become second in the country in attracting foreign capital, with 42.39 billion USD, while Ho Chi Minh City is still the leader in attracting FDI.

According to foreign investment (FDI) attraction data of the Ministry of Planning and Investment, by the end of November, Hanoi attracted nearly 42.2 billion USD, ranking third in the country in terms of “destination” for housing. foreign investment. But compared to October, the Capital’s position dropped one place.

Instead, Binh Duong surpassed Hanoi, in second place with 42.39 billion USD.

Currently, Binh Duong has nearly 4,400 FDI projects, in 29 industrial parks and industrial clusters. The land rental rate in industrial parks of this province reached over 93%. To attract foreign capital, the province has proposed many solutions to improve the investment environment. Accordingly, they commit to simplifying administrative procedures, investing heavily in infrastructure, human resources and developing high-quality services to meet business requirements.

Ho Chi Minh City still leads the country with 58.45 billion USD, an increase of 127 million USD compared to the previous month.

Another change in the leading group attracting FDI is Bac Ninh surpassing Hai Phong, in sixth place with 30.77 billion USD. New or expanded projects in the field of electronic components manufacturing, such as Amkor Technology increasing capital by 1.07 billion USD, Goertek and Foxconn pouring in 280 million USD and more than 383 million USD respectively… show their attraction. of Bac Ninh with foreign tycoons.

In the first 11 months of this year alone, this province was the largest “magnet” for FDI in the country with 5.04 billion USD, an increase of 3 times over the same period.

Other localities in the top 10 are Dong Nai with 37.2 billion USD, Ba Ria – Vung Tau (36.49 billion USD), Quang Ninh (15.65 billion USD), Thanh Hoa and Long An respectively 15.54 billion USD. billion USD and 14.22 billion USD.

Accumulated for 11 months, the whole country has 41,720 valid projects, with a total registered capital of nearly 497 billion USD. Implemented capital is estimated at nearly 319 billion USD.

Korea is the largest partner with 89.11 billion USD, accounting for 17.9% of total capital. Followed by Singapore with 82.3 billion USD, Japan with 77.64 billion USD and Taiwan (China) with 40.87 billion USD.

Capital into the processing and manufacturing industry decreased by nearly 9% compared to the same period last year, but is still the leading industry attracting foreign investors, with over 20 billion USD.

Real estate added more than 5.6 billion USD, up 89% over the same period. This shows that the real estate market is thriving again, attracting interest from FDI enterprises.

Source: VNEXPRESS