THE SOCIALIST REPUBLIC OF VIET NAM
Government News
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.
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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. |
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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. |
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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. |
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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