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Vietnam attracts over 12 billion USD in FDI
30/11/2012

Vietnam has so far attracted 12.181 billion USD in foreign direct investment (FDI), with 7.256 billion USD to 980 newly-licensed projects.

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 4.114 billion USD in newly and additionally registered FDI capitals, respectively.

Real estate ranked second, attracting 1.350 billion USD in nine new projects. Five projects expanded their investment scale with an addition of over 494 million USD, bringing the total FDI in the sector to 1.845 billion USD.

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 3.931 billion USD and 103 expanded projects worth 1.120 billion USD.

The southern province of Binh Duong is the top destination with a total capital of 2.287 billion USD, followed by Ho Chi Minh City with 1.145 billion USD.

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