Of the total FDI, USD 1.07 billion came from 1,046 newly registered projects, up 46.5 percent in value and 23.2 percent in the number of projects as compared to the same time last year.

In the period, 4,694 foreign investors bought shares and acquired stakes of domestic enterprises with total registered capital of USD 4.3 billion, up 44.9 percent in the number of investors and down 14.3 percent in the number of capital from the same time in 2018.

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Photo: thuonggiaonline.vn

The real estate market was the most attractive sector for FDI capital as USD 455 million was poured in 41 projects, followed by science and technology activities with 247 projects worth USD 241 million, and trade with 456 projects valued at USD 175.6 million.

According to the department, Singapore was the leading foreign investor among 64 countries and territories investing in the southern hub, with USD 324 million registered in 139 projects. British Virgin Islands came second with 13 projects worth USD 179.4 million, followed by the Republic of Korea with 214 projects worth USD 171.9 million.

Also in the ten-month period, the department granted business licenses to 36,266 new domestic enterprises, who registered VND 543.48 trillion (USD 23.37 billion) in investment.

Director of the Planning and Investment Department Le Thi Huynh Mai said the city effectively organized 12 trade and investment promotion programs both inside and outside the country, business matching events to lure more investment in the city while helping local firms to introduce their products and develop export markets.

Besides, the city also had working sessions with 16 domestic and foreign delegations who came to study local business environment, she added.

Source: VNA