Viet Nam’s FDI attraction hits US$5 bln in two months

VGP - As of February 20, foreign investors poured nearly US$5 billion in Viet Nam, equal to 91.5 percent of the same period last year, according to the Foreign Investment Agency, under the Ministry of Planning and Investment.

February 26, 2022 3:57 PM GMT+7

Remarkably, the realized volume of foreign direct investment (FDI) was estimated at US$2.68 billion over the recent two months, a year-on-year increase of 7.2 percent.

The manufacturing and processing industry took the lead in luring FDI with US$3.13 billion, accounting for 62.7 percent of the total registered capital. It was followed by real estate sector with US$1.52 billion.

During the reviewed period, Singapore remained the largest investor of Viet Nam with US$1.7 billion, making up 34.2 percent and up 59.3 percent.

The Republic of Korea and China occupied the second and third positions with US$1.4 billion and US$538 million, respectively.