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Real estate most attracts FDI in first half

VGP – The total Foreign Direct Investment (FDI) capital in the first half of 2018 reached more than US$16 billion, a year-on-year decrease of 4.4%, according to the General Statistics Office.

July 03, 2018 11:43 AM GMT+7

As many as 1,366 new FDI projects were licensed, worth nearly US$11.8 billion while 507 FDI projects were added the total capital of US$4.434,2 billion, experiencing respective decreases of 0.3% and 13.8%. The total realized FDI capital over the recent six months was estimated at US$8.37 billion, up 8.4% against the same period last year.

Japan-based Sumitomo Corporation, together with four other Vietnamese companies, pledged to inject US$4.13 billion into a smart city project in the outlying district of Dong Anh, Ha Noi City, which has made the real estate sector the leader in attracting FDI in Viet Nam.

Among the 55 provinces and cities receiving foreign investment, Ha Noi was the largest recipient with US$5.5 billion, accounting for 46.6%, making it the country’s largest six-month FDI attractor for the first time in three decades.

Japan takes the lead among investors investing in Viet Nam in first half of 2018.

A total number of 67 projects invested by Vietnamese investors were licensed, valued at US$222.5 million while 16 projects increased US$40.6 million in capital.

By Thuy Dung