FDI inflow in real estate rises four times in Q3
New foreign direct investment (FDI) in the real estate sector increased four times quarter-on-quarter to 2.35 billion USD in the third quarter, according to statistics of the Ministry of Planning and Investment.
Illustrative image (Photo: VNA) Hanoi (VNA) – New foreign direct investment (FDI) in the real estate
sector increased four times quarter-on-quarter to 2.35 billion USD in the third
quarter, according to statistics of the Ministry of Planning and Investment.
The FDI inflow in the sector in the first three quarters of this year added to 3.2 billion USD, accounting for 15 percent of the total figure.
The Construction Ministry said despite the double impact by the return of the COVID-19 pandemic in July and the low season in the seventh lunar month which is considered a “bad luck” period, the surge in FDI in the sector is a positive signal.
According to the ministry, most businesses in the real estate sector have resumed operation after two waves of COVID-19. They have taken measures to approach customers, and even look to new areas to anticipate the shift in the FDI flow and the trend of urbanization outside major cities./.
The FDI inflow in the sector in the first three quarters of this year added to 3.2 billion USD, accounting for 15 percent of the total figure.
The Construction Ministry said despite the double impact by the return of the COVID-19 pandemic in July and the low season in the seventh lunar month which is considered a “bad luck” period, the surge in FDI in the sector is a positive signal.
According to the ministry, most businesses in the real estate sector have resumed operation after two waves of COVID-19. They have taken measures to approach customers, and even look to new areas to anticipate the shift in the FDI flow and the trend of urbanization outside major cities./.
You should also see
PM outlines three priorities for ASEAN sub-regional cooperation
Prime Minister Pham Minh Chinh attended and delivered a keynote speech at the opening of the ASEAN High-Level Forum on Sub-Regional Cooperation for Sustainable Development and Inclusive Growth on November 30.
See more
Business
There remains large room for exports to US: Official
The US remains a promising market of Vietnam and there remained large room for more exports, Minister Counsellor Bui Huy Son of the Vietnam Trade Office in the US told a consultation session on export to the US held via conference on November 30.
Business
Vietnam’s 500 largest businesses in 2021 revealed
The Vietnam Report JSC and online newspaper VietNamNet on November 30 revealed the 500 largest enterprises in Vietnam (VNR500) and top 10 largest private companies this year.
Business
Frequency of domestic flights increase from December 1
The Ministry of Transport has allowed increasing the frequency of flights on many domestic routes.
Business
Vietnam Airlines successfully operates first direct flight to US
A flight coded VN98 of the national flag carrier Vietnam Airlines from Ho Chi Minh City landed safely at San Francisco Airport in the US on November 29.
Business
Seeking solutions to improve cooperative economic efficiency
The key role of collectives in Vietnam's socialist-orientated market economy has been reinforced through the success of cooperatives up and down the country, though their further potential remains untapped.
