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||30 October 2009
Ho Chi Minh City attracts most FDI flowing intoVietnam
Till October 20, Vietnam has registered a total of 10,805 operational projects with a total registered capital of $174.7 billion, in which the chartered capital of investors accounted for $56.5 billion, VNBusinessNews.com reported, quoting the Ministry of Planning and Invetsment's Foreign Investment Department.
Ho Chi Minh City, the largest economic centre of Vietnam, led the country in terms of FDI attraction with 3,092 projects worth $27.142 billion, placing Ba Ria Vung Tau at the second position with 210 projects and $23.555 billion registered. During the first ten months, total pledged FDI capital into Vietnam reached $18.926 billion that could be over $20 billion in the whole year.
The processing industry and manufacturing sector attracted 6,709 projects worth $88.45 billion, followed by the real estate field with 312 projects totalling $38.3 billion, residence and restaurant services with 253 projects worth $14.9 billion.
Top five foreign investors in Vietnam (in terms of registered capital) are Taiwan with $21.2 billion, Korea $20.4 billion, Malaysia $18.06 billion, Japan with $17.68 billion and Singapore $16.92 billion.
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