In terms of FDI attraction, Quang Ninh is first in the nation, attracting nearly USD 3.11 billion.
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- Business
- 11:00 04/12/2023
DNHN - Based on data provided by the Foreign Investment Department (Ministry of Planning and Investment), Quang Ninh maintains its leading position with a cumulative recorded investment capital of approximately 3.11 billion USD after eleven months of 2023.
Vietnam received investments from 110 countries and territories during the initial eleven months of 2023. Leading the way with nearly 5.15 billion USD in total investment capital, Singapore accounts for over 17.8% of the total investment capital in Vietnam, a decrease of 10.9% compared to the corresponding period in 2022. Then Hong Kong (China) follows. China, Japan, Korea, and China...
China holds the position of leadership in the number of new projects, comprising 22.1% of the total. Korea is the leader in both the quantity of capital adjustments (26.2%) and GVMCP (27.9%).
In the initial eleven months of 2023, foreign investors made investments in 56 provinces and cities throughout the nation. With nearly 3.11 billion USD in total registered investment capital, Quang Ninh is the leader in terms of attracted investment capital, accounting for nearly 10.8% of total registered investment capital, an increase of 42.3% over the same period in 2022.
According to data provided by the Ministry of Planning and Investment, foreign investment (GVMCP) in Quang Ninh reached approximately 28.85 billion USD as of November 20, 2023. This represents a 14.8% growth in foreign investment compared to the corresponding period of the previous year and a marginal 0.1 percentage point increase when compared to the initial ten months of 2023. During the same period, the investment capital adjusted for reduction, new investment capital, and GVMCP all continue to increase.
Quang Ninh province is consistently advocating for administrative reform, enhancing an environment that is open and conducive to investment and business, and providing unwavering assistance and support to investors and businesses in their efforts to resolve challenges, all in pursuit of the aforementioned objectives. With the guiding principle that the advancement of the province is contingent upon the progress of businesses and investors, promptly address and resolve challenges and issues.
Quang Ninh has made a significant impact by luring numerous foreign and domestic investors to investigate the region and consider making investments there.
Investors' continued investment in new ventures in Quang Ninh, where they have previously established production and business investment projects, demonstrates their trust in the province's dedication to assisting and promoting enterprises. This further solidifies Quang Ninh's standing as one of the regions with the highest standard of economic management in the nation.
Nam Tri Duc
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