October 29, 2018 | 21:10 (GMT+7)
Vietnam attracts USD 27.9 billion in foreign investment in ten months
PANO - According to the latest data from the Ministry of Planning and Investment's Foreign Investment Agency (FIA), the total amount of foreign investment in new and existing projects, joint-ventures and shares reached US$ 27.9 billion in the first nine months of this year, or 98.8 percent of the same period last year.
Notably, the manufacturing and processing sectors continued to attract most the foreign investment of US$ 13.2 billion, accounting for 47.5 percent of the total registered foreign investment. The top two were followed by real estate drawing US$ 5.7 billion (20.4 percent).
As of October 20, disbursement of foreign direct investment projects is estimated at US$ 15.1 billion, up by 6.3 percent compared to the same period last year.
According to the FIA, foreign investors have been investing in 59 cities and provinces. Among them, the capital city of Hanoi and Ho Chi Minh City were respectively the first and second most attractive destinations for foreign investors.
Translated by Lam Anh