US $16.5 billion foreign capital was implemented by October, 2000

The Ministry of Planning and Investment said that by October this year, about US $16.5 billion of foreign invested capital was implemented, meaning 46.5% of committed capital of 2,541 valid projects.

The top position in implementing projects came to Japanese investors with US $2.356 billion followed by Taiwanese investors, nearly US $2 billion while Korean investors came third with US $1.837 billion. The fourth and fifth in the list are Singapore and Hong Kong with US $1.8 billion and US $1.333 billion, respectively.

Investment in heavy industries makes up US $3.178 billion, followed by oil and gas industry without the Vietsovpetro, US $2.9 billion, light industries, US $1.838 billion and hotels and tourism, US $1.639 billion.

Ho Chi Minh City is the top locality with implemented capital reaching US $4.178 billion, followed by Hanoi, Dong Nai and Haiphong with implemented capital of US $2.679 billion, US $1.784 billion and US $873 million, respectively. In three provinces of Cao Bang, Bac Can and Kon Tum, no foreign direct invested project was implemented.