FDI reaches US$7.6b
Source: 03-MAY-2008 Intellasia | Nguoi Lao Dong
May 3, 2008 - 7:00:00 AM Up to the end of April, Vietnam attracted nearly US$7.6 billion in FDI capital including 210 newly projects worth US$7.22 billion and 64 projects with the increased capital size of US$371.4 million, reported Phan Huu Thang, head of Ministry of Planning and Investment's Foreign Investment Department.

In which, the actualised FDI capital amounted to US$3.1 billion, a rise of 41% year-on-year. In which, Hanoi takes the lead in the list of localities in terms of project number with 49 projects while HCM City ranks first in term of capital attraction with US$2.1 billion in FDI.

The largest FDI commitments are from British Virgin Islands registered companies in Jan-April with 11 projects worth US$2.09 billion, followed by US with nine projects worth US$1.31 billion and Malaysia six projects worth US$1.3 billion.

Particularly, Hanoi granted the business licenses to 3,600 businesses, growing 14% yoy with the registered capital of 37 trillion dong. The city's social investment capital was posted at 12 trillion dong in the first four months of this year, up 15% yoy while its total tax collection reached 25.8 trillion dong, increasing 64.6% yoy, in which 67% was the domestic tax collection and 49% was the export tariff collection.