(VOVWORLD) - Foreign investors’ capital into Vietnam has totaled 8.55 billion USD so far this year, 21% less than the same period last year, according to the Department of Foreign Investment of the Ministry of Planning and Investment.
Due to Covid-19 pandemic, foreign investment in Vietnam drops 21% in Q1, 2020 |
In the first quarter, 758 new projects were certified with a total newly registered capital of 5.5 billion USD.
Foreign investment went to 18 areas, with electricity production and distribution receiving the most – 4 billion USD – followed by manufacturing, retail and wholesale, and real estate.
Singapore, with 4.5 billion USD, was the biggest of 87 foreign investors in Vietnam, followed by Japan and China.
Of 55 investment destinations in Vietnam, Bac Lieu received the most – a 4 billion USD project – followed by Ho Chi Minh City, Tay Ninh, Hanoi, and Binh Duong.