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Source: VNA

Vietnam attracts over USD12 billion in FDI

Vietnam has so far attracted USD12.181 billion in foreign direct investment, with USD7.256 billion to 980 newly-licensed projects.

Vietnam has so far attracted USD12.181 billion in foreign direct investment (FDI), with USD7.256 billion to 980 newly-licensed projects.

Vietnam attracts over USD12 billion in FDI - 1
 

According to the latest report by the Ministry of Planning and Investment's Foreign Investment Agency, the processing and manufacturing industries were the most attractive with more than 4.392 billion USD and USD4.114 billion in newly and additionally registered FDI capitals, respectively.

Real estate ranked second, attracting USD1.350 billion in nine new projects. Five projects expanded their investment scale with an addition of over USD494 million, bringing the total FDI in the sector to USD1.845 billion.

Other sectors that attract a large volume of FDI include wholesale, retail, information and communications, logistics, construction, accommodation services, health care, science and technology, and education and training.

Japan is Vietnam ’s biggest foreign investor with 247 newly registered projects worth USD3.931 billion  and 103 expanded projects worth USD1.120 billion .

The southern province of Binh Duong is the top destination with a total capital of USD2.287 billion, followed by Ho Chi Minh City with USD1.145 billion .

Content link: https://dtinews.dantri.com.vn/vietnam-today/vietnam-attracts-over-usd12-billion-in-fdi-20121127172827360.htm