Real estate second in 2M FDI attraction

Real estate second in 2M FDI attraction 02/03/2023 04:56:00 322

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(En.vneconomy.vn) Sector drew in $397 million in Jan-Feb.

Vietnam’s real estate sector ranked second in FDI attraction in the first two months of the year, with total capital of nearly $397 million, according to the Ministry of Planning and Investment.

The figure accounts for 12.8 per cent of the country’s total FDI in the period.

Investment went to 17 of the 21 sectors in Vietnam’s economy.

Manufacturing and processing led, with more than $2.17 billion, or 70.1 per cent of the total.

Economic analyst Dinh Trong Thinh said there remain gaps in certain segments of Vietnam’s real estate sector, creating opportunities for attracting FDI. Real estate infrastructure investment still catches the eye of foreign investors.

They are also interested in tourism real estate, he added.

Thanh Xuân

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