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Nearly half a billion USD of foreign capital poured into real estate

Sunday - 03/03/2019 18:12
Crossing Korea, Hong Kong and Singapore investors are leading the list of pouring capital into Vietnam after the first 2 months of the year.
Data from the Ministry of Planning and Investment said that the total newly registered FDI, increased and contributed capital to buy foreign investors' shares reached nearly 8.5 billion USD. This number increased by 2.5 times over the same period in 2018.

Processing and manufacturing industry is still the largest foreign capital attraction industry, nearly 7 billion USD. Real estate ranked second with nearly 500 million USD registered by investors, accounting for nearly 6% of the total capital of foreign investors pouring into 18 sectors and sectors in the first 2 months of 2019.

According to investment partners, Hong Kong and Singapore share the best position, second in the list of countries and territories with investment projects in Vietnam, respectively 4.3 billion and nearly 1 billion USD. Korea dropped to the 3rd position with 873 million USD of registered capital.

Hanoi is still the province that attracts the largest foreign capital, over 4 billion USD. Next is HCMC over 1 billion USD. Bac Ninh is next, nearly 542 million USD.

Regarding disbursement, the first two months of foreign direct investment projects have disbursed nearly 2.6 billion USD, up 10% over the same period. This figure is the highest increase compared to the same period in the past 3 years.

Author: Translated by CoPhieuViet.Com

Source: Vnexpress newspaper

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