Vietnam Ministry Names Top Ten Attractive Sectors for Foreign Investors
The Ministry of Planning and Investment (MPI) has just published a list of Vietnam’s ten sectors which attract foreign direct investment (FDI) the most.
The processing and manufacturing industry takes the lead with 6,457 projects worth over US$84 billion, followed by real estate with 281 projects capitalized at US$32 billion and construction sector with 439 projects capitalized at US$8.8 billion.
The telecom and communication industry attracted 527 projects costing US$4.5 billion, agro-forestry-fishery with 476 projects of US$3 billion, and coming next are services and tourism, transport and retail.
Taiwan, South Korea, Malaysia and Japan are biggest foreign investors among 87 countries and territories investing in Vietnam.
Vietnam was estimated to have attracted US$6.68 billion of pledged FDI inflows between January and May, down 76.3 per cent on year, the MPI said.
The Southeast Asian nation aims to attract US$20 billion of FDI this year compared with US$64 billion pledged for 2008, the ministry said. (Vietnam Economy Times)
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