Newly- and additionally-registered foreign direct investment (FDI) in the first 11 months reported increases of 3.76 and 26.7 per cent on-year.
According to the Foreign Investment Division - Ministry of Planning and Investment, in the first 5 months of 2021, despite still being affected by the Covid-19 pandemic but new registered and adjusted investment capital (not including capital for share purchase) still increased over the same period in 2020. Specifically: New registered capital reached nearly USD 8.83 billion (up 18.6% over the same period); Adjusted capital reached USD 3.86 billion (up 11.7% over the same period).
FDI inflows into Vietnam will soon bounce back once the COVID-19 pandemic is brought under control, Chief Representative of the Japan External Trade Organisation (JETRO) in Hanoi Takeo Nakajima said on September 9.
Currently, Phu My Town has 9 industrial parks with an area of up to 5,000ha and 261 active projects with a total investment capacity of more than 16.3 billion USD. In which, the prominent industrial parks such as Phu My 2 and Phu My 2 Expansion adjacent to the Cai Mep - Thi Vai port system, with a total area of 1,020ha invested by IDICO Corporation. These two industrial parks have attracted over 20 investors, in which 90% are FDI with a total registered capital of about 3 billion USD and be continuing to attract investment in order to contribute speeding up the development of Phu My Town forward for a seaport city before 2025.