Vietnam ranks 2nd in attracting FDI in renewable energy
Vietnam attracted foreign direct investment of 106.8 billion USD into its renewable energy sector during the 2015-2022 period, ranking it 2nd among developing economies around the world.
Total registered foreign direct investment (FDI) in Vietnam surpassed 13.43 billion USD in the first half of this year, according to the Ministry of Planning and Investment.
The UK-based Financial Times has just posted an article, in which it assessed that after decades of showing promise, Vietnam’s economic moment may have finally arrived, and the country must capitalize on the manufacturing boom for its long-term development.
Ho Chi Minh City attracted 2.9 billion USD in foreign direct investment (FDI) from the beginning of this year to June 20, a year-on-year increase of 30.7%.
Vietnam has to date attracted 1,100 foreign-invested projects in real estate, with a total capital of 66.4 billion USD, the Foreign Investment Agency under the Ministry of Planning and Investment has revealed.
According to insiders, foreign direct investment attraction, alongside consumption and tourism, is considered silver lining in Vietnam’s economic growth in the coming months of this year.