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FDI flows strongly into manufacturing, real estate


Vietnam’s industrial real estate industry is expected to continue its strong growth trajectory due to foreign direct investment (FDI) inflows benefiting from tax incentives. According to the General Statistics Office (GSO), the total FDI disbursed in Vietnam in the first four months of this year reached an estimated 6.28 billion USD, up 7.4% year on year, the highest four-month amount in the past five years. The processing-manufacturing sector saw the largest amount at 4.93 billion USD, accounting for 78.5% of the total FDI disbursed in the country in the period. It was followed by real estate business at 607.6 million USD, accounting for 9.7%. As of April 20, total FDI inflows in Vietnam reached over 9.27 billion USD, a year-on-year rise of 4.5%.

Source: Vietnam News Agency