FDI Inflows to Vietnam Shift to Energy, Water, Air Conditioning Projects
Foreign direct investment (FDI) inflows switched from real estate sector to power, gas, water and air conditioning production activities in Vietnam with accumulate values between Jan and April hitting US$2.1 billion.
With the sum, the sectors took the lead in terms of FDI attraction during the period, followed by processing industry with US$1.55 billion and real estate with US$1.2 billion.
Between January and April, Vietnam attracted a total pledged foreign direct investment (FDI) of US$5.92 billion, down 25.7% from a year earlier. However, it disbursed US$3.4 billion during the period, up 36% on year.
This year, Vietnam aims to attract between US$22 billion and US$25 billion, the Ministry of Planning and Investment said. (Vietnam Economic Times)
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