HCM City leads in FDI projects HCM City is leading the country in terms of FDI projects while 16 provinces have failed to attract the investment according to a new report by the General Statistics Office.   Illustrative photo By November 20th, HCM City had received 500 new projects valued at USD 2.56  billion, accounting for 18.8% of the total new projects in the country, followed by Tra Vinh USD2.52 billion (18.6%) and Dong Nai USD1.46 billion (10.8%). The country has had 1,855 new FDI projects with a registered capital of USD13.55 billion, a 30% rise in number of projects and a 1.1% increase in capital over a year earlier, the report said. In addition, 692 on-going FDI projects registered an increased capital of USD6.67 billion during the period. On the whole, newly-registered and added FDI capital totalled USD20.22 billion, a year-on-year increase of 16.7%. Disbursed FDI capital in the first 11 months was estimated to reach USD13.02 billion, up 17.9% compared to the same period last year. The processing and manufacturing industry attracted the biggest FDI capital at USD12.93 billion, making up 64% of the country’s registered FDI capital. It was followed by production and distribution of electricity, gas, and air conditioners USD2.78 billion (13.7%), real estate USD2.33 billion (11.5%) and the remaining sectors USD2.18 billion (10.8%). As many as 47 provinces and centrally-governed cities had newly-licenced projects. However there are still 16 provinces and cities without any, mostly in the northern mountainous areas, Central Highlands and Mekong Delta region. Over the last 11 months, among 56 countries and territories with newly-licenced projects in Vietnam, the Republic of Korea took the lead, followed by Malaysia and the United Kingdom. dtinews.vn