Foreigners keen on investing in VietnamA total of 1,285 deals were made by foreign investors to contribute capital to and buy shares of Vietnamese businesses with total capital of 1.89 billion USD in the first quarter of this year, up 121.6 percent against the same period last year. In total, Vietnam attracted 5.8 billion USD in foreign investment during January-March, down 25 percent year-on-year. The retail and wholesale sectors received the second largest chunk of FDI with 531 million USD or 9.2 percent, followed by the real estate sector with 486 million USD or 8.4 percent. Businesses from Hong Kong registered to pour 689 million into Vietnam, making up 11.9 percent of the country’s total FDI, while those from Singapore injected 649 million USD, 11.2 percent of total FDI. To fully capitalise on the FDI capital, the MoPI is drafting a FDI strategy for 2018-2023.

Source: VietNamNet News April 03, 2018 09:22 UTC