The report showed that up to 226 new projects gained investment certificates as of January 20, with total registered capital of nearly $805 million, soaring by 81.9% year-on-year. Meanwhile, 72 foreign-invested projects are approved to invest an additional $340.2 million, equivalent to 74.5% of the figure recorded in the same period of 2018.

Real estate sector ranked third in attracting FDI.

Real estate sector ranked third in attracting FDI.

Besides, foreign investors acquired local company shares worth $761.8 million in 489 deals, rocketing 114% year-on-year.

FIA revealed foreign investors poured money into 18 sectors, of which the manufacturing and processing sector accounted the largest proportion with $1.19 billion, or 62.4% of the fresh capital. Meanwhile, the science and technology sector was ranked second, with $185.8 million. Real estate sector came in third with a total capital of $179.1 million.

In the first month of the year, Japan remained Vietnam’s largest investor, with $364 million poured into the Southeast Asian country, accounting for 19% of the total. The second one was South Korea, with $349.1 million, China was ranked third with $307.8 million.

Source: Saigontimes