The Management Board of Vietnam-Singapore Industrial Parks (VSIPs) said that province-based VSIPs in Q1 2014 absorbed nearly US$441mln, up 388% compared to 2013. Particularly, there were 7 new FDI projects with a total registered capital of US$45.6mln and 10 extra-ones with over US$395mln.  

Some new FDI projects with great capital during the period included Camoplast Solidel Vietnam Co.Ltd. of Luxembourg with US$12mln, Molenbergnatie Vietnam Co.Ltd. of Belgium with US$17mln…Many valid FDI projects also decided to pour great capital into production. For example, Kimberly Clark Vietnam Co.Ltd. of US raised its investment capital by US$113mln, Wonderful Saigon Electrics Co.Ltd. of Japan by US$210mln, Midea Consumer Electric Co.Ltd. of Hongkong by US$41mln…

According to the assessment of the VSIPs Management Board, the majority of FDI capital flowing into province-based VSIPs in Q1 2014 came from the production expansion projects of the world and region’s large-scale corporations with industries of hi-tech electronics, medicine, hi-class consumer goods…

Reported by Trong Minh-Translated by K.T