Viet Nam FDI in manufacturing and property sector

According to the Foreign Investment Agency, disbursed foreign direct investment (FDI) hit US$ 11.2 billion in the first 11 months of this year, rising 6.2 percent year-on-year.

Among them, the processing and manufacturing industry with 689 new projects, and newly registered and additional capital of US$ 13.15 billion, accounting for 75.9 percent of the total FDI in the 11-month period, continued to be the most attractive sector for FDI.

Second ranked is the property sector with 32 new projects and newly registered and additional capital of US$ 1.27 billion, or 7.3 percent of the total FDI, followed by the construction sector with US$ 1.02 billion FDI capital or a share of 5.9 percent. Among 60 countries and territories that have invested in Viet Nam, South Korea was the leader with US$ 6.82 billion in investments, or 39.4 percent of the country’s total FDI. Singapore was the second largest investor with an investment of US$ 2.75 billion, and Japan ranked third with US$ 1.71 billion investment.

Read the full article at VNS