Lunar New Year holiday occurred in February, combined with anoutbreak of COVID-19 in numerous provinces and municipal cities, which have a significant impact on investment – production – business activities nationwide.
The total value of foreign direct investment (FDI) plummeted
The total value of foreign direct investment reached US $ 5.46 billion in the first two months of 2021, down 15.6% from the same period last year. In which, value of newly registered capital and value of capital contribution and share purchase witnessed a sharp decline year-on-year.
However, foreign investors continue to expand the existing investment scale. 115 projects licensed in previous years registered to adjust their investment capital with an increase of 151.8% in capital.
Implementation of industrial projects in February 2021
Based on the data of industrial projects with a total investment of more than 2 million USD (equivalent to 46 billion VND) in the form of foreign direct investment (FDI) and domestic direct investment (DDI) on the platform. HOUSELINK; We synthesize, analyze data and make reports on projects under construction activities in February 2021; as well as projects that are undergoing preparatory steps (project preparation, design, contractor selection) to prepare for construction in 2021.
Each region has its own particular industrial development priority
While electronics is a priority for businesses in the North, the South is the destination for many textile and garment enterprises. The advantage of location and climate helps the central provinces to attract a series of large-scale energy projects.
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