Vietnam's northern key economic zone attracted the biggest-ever foreign direct investment (FDI) in the first eight months of this year, nearly 1.8 billion U.S. dollars, doubling that in the same period last year.
The investment was poured into 238 projects, tripling the figure in the first eight months of 2006, local newspaper Investment on Wednesday quoted the Vietnamese Ministry of Planning and Investment as saying.
Among localities in the zone, including capital city Hanoi, Hai Phong city, and provinces of Quang Ninh, Hai Duong, Hung Yen, Bac Ninh, Vinh Phuc and Ha Tay, Hanoi enticed most of the FDI of 860 million dollars.
Vietnam lured FDI of over 8.3 billion dollars in the first eight months of this year, up 40 percent, according to the ministry.
The country is expected to attract FDI of 12 billion dollars this year, up from 10.2 billion dollars last year. By Aug. 22, it had had operational 7,826 FDI projects with total registered capital of nearly 71.5 billion dollars.
Source: Xinhua
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