Foreign investment in real estate surges in January-August

Foreign investors poured a total of 2.4 billion USD into the real estate market of Vietnam in the first eight months of this year, five times the level over the same period last year, according to the latest updates from the General Statistics Office (GSO). Real estate ranked second in terms of foreign investment into Vietnam from January to August, accounting for nearly 20% of the registered total foreign direct investment (FDI) in the period. Existing projects increased their capital by 150,000 USD in the period, bringing the total foreign capital into the real estate sector to 2.55 billion USD, 3.7 times higher than the same period last year. A sum worth around 1.27 billion USD has been disbursed in the period, double that of 2023.

Source: Vietnam News Agency

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