(VOVworld) – Vietnam has attracted about 4.3 billion USD of foreign direct investment (FDI) over the past 5 months equal to 78% in the same period last year.
With the 660 million USD project invested by Hyosung Dong Nai Company in Dong Nai Industrial Park, Turkey has become the third largest investor in Vietnam over the past 5 months. (Photo: vietstock.vn)
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The Foreign Investment Department of the Ministry of Planning and Investment reported that Vietnam disbursed a total of nearly 5 billion USD, a year-on-year increase of 7.6%.
The money was focused on the processing and manufacturing industry, which attracted more than 400 new and expanded projects with a total registered capital of 3 billion USD. It’s followed by real estate sector.
Among 47 countries and territories investing in Vietnam, the Republic of Korea has contributed the largest amount of 1.1 billion USD.
Foreign investors have poured their money into 40 cities and provinces across Vietnam and Ho Chi Minh City is the leader in FDI attraction.