Processing and manufacturing industries strongly absorb investment capital

 According to a report of Ministry of Planning and Investment, as of July 20, the total newly registered, adjusted and contributed capital to buy shares of foreign investors reached $18.82 billion, equaling 93.1 % to the same period of 2019.

Accordingly, there are 1,620 new projects with a total registered capital of $9.46 billion. Investment in manufacturing and processing industries was on top with a total investment of over $8.96 billion, accounting for 47.6% of total registered investment capital. The next was electricity manufacture and distribution; real estate business; wholesale and retail... In terms of investment area, Bac Lieu province continued to take the lead with a large project with an investment of $4 billion, accounting for 21.3% of total registered capital. Hanoi was ranked second with a total registered capital of $2.82 billion, accounting for nearly 15% of total investment. Ho Chi Minh City was ranked third with nearly $2.4 billion, accounting for 12.6% total investment. Next were provinces and cities of Ba Ria - Vung Tau, Binh Duong, Hai Phong...

Reported by Ngoc Thanh - Translated by Ngoc Huynh

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