Eighty foreign direct investment projects, worth US$ 1.2 billion, were registered nationwide in July, increasing the total FDI capital lured to the country in the first seven months to $10 billion, said the Foreign Investment Agency on Monday.
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| Metro retail group opens the 9th store in Bien Hoa city, southern province of Dong Nai on July 9, 2009 (Photo: Tuong Thuy) |
Although the total FDI capital failed to meet the Government’s goal, at 18.8 percent in comparison with the same period last year, the released capital was rather high at $4.6 billion, making up 46 percent of total capital, setting a new record in released capital of FDI investment.
The target of released capital in 2009 is $8 billion, said the ministry.
Several groups expanded production and trade, such as La Vie, DHL, Metro and Prudential.
The Sai Gon Atlantics Resort in the coastal province of Ba Ria- Vung Tau, invested by US-based Winvest Investment, was reported to have registered $3.8 billion.
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