Vietnam draws over 16 billion USD in FDI in 7 months
(VOVWORLD) - Vietnam has attracted more than 16.2 billion USD in foreign direct investment (FDI) since the beginning of this year, up 4.5% against last year, according to the Foreign Investment Agency of the Ministry of Planning and Investment.
 A factory of CCGrass Vietnam, a leading artificial grass manufacturer for sports and landscape turfs, in Phuoc Dong Industrial Park, Tay Ninh province. (Photo: Hong Dat/VNA)
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The manufacturing and processing industries led in FDI attraction, with nearly 11 billion USD. They were followed by real estate, finance and the banking sectors.
Between January and July, 94 countries and territories invested in Vietnam, of which Singapore topped the list with over 3.6 billion USD, followed by South Korea and China.
Those investors poured their capital into 52 provinces and cities in this period, with Hanoi receiving the lion’s share. Hai Phong city came second and Ho Chi Minh city was in the third position.