Vietnam's key southern economic region which includes capital Hanoi remains a magnet for foreign investments


Image from Vietnam News/ANN

HANOI, May 29 (Vietnam News/ANN): With its advantages and thorough preparation in terms of infrastructure, transport and human resources, the key southern economic region remains the leading destination for foreign direct investment after the Covid-19 pandemic is put under control.

Localities in the region have also organised investment promotion workshops to popularize Vietnam’s investment environment and its advantages and potential.

According to Binh Duong provincial People’s Committee, in the first four months of this year, the province attracted a total of US$2.35 billion in 16 new projects, nine existing ones, and from the contribution of capital of 53 businesses.

Meanwhile, in the same period, US$1.28 billion had been poured into Ho Chi Minh City, up over 12 percent year-on-year.

The figures for Long An and Dong Nai provinces were US$341 million and US$210 million, respectively.

The key southern economic region comprises of Ho Chi Minh City, Binh Phuoc, Tay Ninh, Binh Duong, Dong Nai, Ba Ria-Vung Tau, Long An and Tien Giang provinces.

Meanwhile, Vietnam recorded 1,114 new Covid-19 cases on Saturday, down by 125 from Friday, according to its Ministry of Health.

All the new infections were domestically transmitted in 44 provinces and cities.

The Vietnamese capital Hanoi was the pandemic hotspot with 285 new cases recorded on Saturday, followed by the northern Vinh Phuc province with 70 and the northern Yen Bai province with 83.

The infections brought the total tally to 10,716,361 with 43,078 deaths. Nationwide, as many as 9,439,913 Covid-19 patients, or 88 percent of the infections, have so far recovered.

More than 220.6 million doses of Covid-19 vaccines have been administered in the country, including nearly 199.1 million shots on people aged 18 and above, said the ministry.

Vietnam has by far gone through four coronavirus waves of increasing scale, complication, and infectivity.

As of Saturday, it has registered more than 10.7 million locally transmitted Covid-19 cases since the start of the current wave of infections in April 2021, said the health ministry. - Vietnam News/ANN

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Vietnam , Southern Region , Big , Numbers , FDI

   

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