Foreign Direct Investment in Vietnam Increases by 28% in First 5 Months
Foreign direct investment (FDI) in Vietnam has increased significantly by almost 28% to $5.3 billion in the first five months of the year. The rise was driven by a 67% increase in share acquisitions, which reached $3.3 billion, while modified capital experienced a drop of 59% to $2.3 billion.
The total FDI capital reached $11 billion, down 7% year-on-year. Small projects valued at under $1 million accounted for nearly 70% of new projects, indicating increased interest from small investors in Vietnam.
Manufacturing was the sector that attracted the most investment, accounting for 61% of newly registered capital at $6.6 billion. Singapore was the largest investor, followed by Japan and China.