The city issued licenses for 20 new FDI projects, capitalizing at US$1 billion, and approved 18 existing projects registering to increase an additional of US$77.46 million. 

Of the total value, 97 percent comes from Japan, mainly for high-tech industry projects.

Most notable are the US$547.8 million Bridgestone rubber tire company, the US$250 million Nipro Pharma Vietnam and the US$199 million Fuji Xerox Haiphong. 

General Electric Vietnam registered the biggest increase in capital with US$43 million.

However, several projects have had to reduce their investment or stop operations. One cut US$47.192 million in capital, two were dissolved ahead of schedule, three were merged, another ran out of operation time, and four more had their licenses revoked for not carrying out their work. 

To attract more foreign investment, the city is advised to implement comprehensive measures to ensure sufficient human resources for these projects, accelerate land clearance and begin its public investment projects.