The Song Hong (Red River) Delta region had attracted 5,411 foreign-invested projects worth US$65.5 billion till March 1 this year.

This accounted for 26% of the total foreign direct investment (FDI) registered in the country.

According to the Foreign Investment Agency under the Ministry of Planning and Investment, Hanoi topped the list with 3,116 projects worth US$25.54 billion, making up for 58% of the total number of projects and 39% of country's total FDI inflows. Haiphong came in second, with 465 projects capitalised at US$11.35 billion.

Bac Ninh was ranked third with 584 projects valued at approximately US$7.72 billion, followed by Hai Duong, with 327 projects worth US$6.55 billion, and Quang Ninh, Vinh Phuc, Hung Yen, Ninh Binh, Ha Nam, Nam Dinh and Thai Binh provinces.

Among the countries and territories investing in the region, the Republic of Korea took the lead with US$13.2 billion being pumped into 1,660 projects, accounting for 30% of the projects and 20% of their value.

The Republic of Korea was followed by Japan with 1,060 projects worth US$13.1 billion and Singapore with 308 projects worth US$9.1 billion.

The agency reported that the processing and manufacturing industry continued to attract the largest share of FDI worth US$33.5 billion, making up 51% of the region's total FDI.

The property sector was ranked second with US$10.7 billion or 16.3%, followed by electricity production, the construction sector, and restaurant and catering services.

VNS