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.
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.