Binh Duong takes lead in FDI capital in first 4 months of year

According to the Ministry of Planning and Investment (MPI), Binh Duong took lead in FDI attraction in the first four months of 2022, with total registered capital of nearly US$2.35billion, accounting for 21.7% of the country’s total registered capital and 4.9 times higher than the same period last year.

Bac Ninh province ranked second with total investment capital of nearly US$1.57 billion while Ho Chi Minh city ranked third with total registered investment capital of nearly US$ 1.28 billion.

Among the countries and territories investing in Binh Duong during the period, Denmark took the lead with a large-scale Lego project capitalized at US$1.3 billion, accounting for 54.7 % of the province’s total investment capital in Binh Duong. It was followed by China with nearly US$ 254 million or 10.5% of total; Hong Kong with over US$ 50.7 million, or 2.1% of total.

Reported by Ngoc Thanh-Translated by Kim Tin