The report of Foreign Investment Department, Ministry of Planning and Investment released lately about attracting foreign direct investment (FDI) in the first half of 2009 showed that there were 42 provinces in the country that failed to attract foreign investors to pump capital in FDI projects there.
Among 10 cities and provinces in the Red River Delta, Hanoi and Vinh Phuc had new FDI projects. In the ten provinces in North East region, Bac Giang is the only provinces that attracted foreign investors for taking part in three new projects. There was only Thua Thien – Hue that had got one new FDI project in the 10 provinces in the North West and North Central regions.
HCM City led the country with the largest number of FDI projects of 143 units in the first six months, followed by Hanoi with 68 projects.
The industrial manufacturing and processing sector had got the largest number of 66 new FDI projects. On the contrary, the sectors of finance, banking, insurance and power plant had the fewest, only one new project for each.
Among 306 new approved projects, 226 projects were 100 percent foreign owned; 66 projects of joint venture, 6 projects of business cooperation contract and 9 projects of joint stock.
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