Australian E.VO Global to Invest US$10 Bln in 30 Property Projects in Vietnam
The Australian E.VO Global Co and the VN234 Financial and Real Estate Investment Group on May 27 signed a deal to pledge to invest US$10 billion into 30 real estate projects in Vietnam.
E.VO Global and the VN234 group said they will invest US$100 million into each project in the Ho Chi Minh City, southern Can Tho city, central Danang city, the paper said.
They did not disclose when they start, however.
Between January and May, Vietnam pulled in US$15.3 billion, up 2.3 per cent on year with 324 new FDI projects valued at US$14.7 billion.
The Vietnamese prime minister has recently called for a breakthrough in FDI attractions for key economic sectors. (Youth)