Mr.Believer
posted on 19/03/2024
According to the city's Statistical Office, Da Nang, located in central Vietnam, granted licenses to 104 new foreign investment projects with a total registered capital of $151.2 million in 2023.
Throughout the year, the coastal city witnessed 42 FDI projects with an additional capital of $20.2 million, and 37 foreign investors spending $10.7 million to purchase shares of Vietnamese companies, the office announced at a press conference last Friday.
The total registered FDI capital for new and additional projects throughout the year reached $185 million, a decrease of 37.8% compared to 2022.
During the 2021-2023 period, the average number of newly licensed FDI projects in Da Nang increased by 6.1% compared to the same period last year. However, the low capital contribution has led to a decrease in FDI disbursement in 2023, estimated at $125.4 million, down $43.8 million compared to 2022.
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