FDI in Quang Nam

QNN |

(QNO) - There are currently 194 foreign direct investment (FDI) projects with over 6 billion USD in Quang Nam. Most of them are in Chu Lai Open Economic Zone and coastal tourism sites.

A garment factory in Quang Nam
A garment factory in Quang Nam

Reportedly, Quang Nam granted 76 new FDI projects with a total capital of 603.56 USD million between 2018 and 2022.

Among them are large-scale projects, such as the curtain fabric factory by Hyosung Quang Nam Co., Ltd. with a total capital of 410 million USD in Tam Thang Industrial Park, SGI Magnetic Project in North Chu Lai Industrial Park by Star Group Ind. Co., Ltd (South Korea) with 39.3 million USD, and the 35-million-USD seamless garment factory by Celebrity Fashion Vina Co. Ltd. (Hong Kong) in Tam Thang Industrial Park, and Nam Hoi An Resort by Hoi An South Development Ltd. (Singapore) with a total capital of 4 billion USD.

The FDI projects in Quang Nam come from 30 countries and territories.

The investment mainly focuses on the manufacturing, processing, service, and tourism industries.

South Korea is the country with the most projects (i.e. 57) with a total capital of over 824 million USD. Singapore is the largest FDI partner with 10 projects and nearly 4.1 billion USD.

The FDI projects make a positive contribution to the local socio-economic development. Besides contributing to the provincial budget, they provide the locals with about 56,000 jobs.

TAGS

FDI attraction to be targeted at green growth, digital transformation: report

QNN |

VOV.VN - The government of Vietnam should revise foreign direct investment (FDI) attraction and utilization policies, focusing on key fields such as green growth and digital transformation as well as connecting supply chains of Vietnamese and FDI businesses, including transnational firms.

Quang Nam focuses on FDI in green economy

QNN |

(QNO) - Quang Nam is focusing on calling for foreign direct investment (FDI) in green growth, especially green industry, high-tech agriculture, tourism and services.

January FDI nears 1.7 billion USD

QNN |

Hanoi (VNA) – Vietnam attracted foreign direct investment (FDI) worth 1.69 billion USD as of January 20 this year, down 19.8% annually, according to the General Statistics Office (GSO).

High-quality human resources help to boost FDI attraction

QNN |

VOV.VN - As a means of attracting more foreign direct investment (FDI), the nation needs to pay greater attention to training high-quality human resources, promoting administrative reforms, and developing and upgrading infrastructure, according to the European Chamber of Commerce (EuroCham).