Illustrative image (Photo: VNA)
Hanoi (VNA) – Real estate has reeled in 2.32 billion USD in foreign direct investment (FDI) as of the fourth quarter this year, ranking third among sectors that attract FDI.

The sum accounts for 11.5 percent of the total FDI in the country.

There are 29 new projects and 10 others that register added capital, according to the Ministry of Planning and Investment’s Foreign Investment Agency.

Experts forecast that FDI inflows will continue pouring into real estate and several multi-billion USD projects are expected in the future.

The capital should be geared into eco-friendly, hotel and resort properties rather than those in urban areas, they said.-VNA