Vietnam attracted 25.4 billion USD in foreign direct investment (FDI) in the first nine months of 2017, up 34.3 percent year on year, reported the Ministry of Planning and Investment (MPI).
Accumulated foreign direct investment (FDI) in the real estate sector reached 51.1 billion USD as of the end of September, accounting for 16.5 percent of the total FDI in Vietnam, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
About 28.24 billion USD in foreign direct investment (FDI) was poured into Vietnam between January and October, up 37.4 percent year on year, said the Foreign Investment Agency under the Ministry of Planning and Investment.
Ho Chi Minh City, the southern economic hub, attracted 5.04 billion USD in foreign direct investment (FDI) in the first 10 months of 2017, a two-fold increase year on year.
Vietnam attracted 24,397 foreign direct investment (FDI) projects worth 312.9 billion USD from 128 countries and territories in the first 10 months of this year. However, experts said that the projects’ influence on the economy still modest, necessitating a change in mindset to lure investment.