Nearly 2 billion USD of foreign capital 'poured' into Vietnam's real estate market

Công LuậnCông Luận27/05/2024


According to a report by the Foreign Investment Agency, Ministry of Planning and Investment, as of May 27, foreign investment projects are estimated to have disbursed about 8.25 billion USD, an increase of 7.8% over the same period in 2023.

The total newly registered, adjusted and contributed capital for share purchase by foreign investors reached more than 11.07 billion USD, up 2% over the same period in 2023. Of which, new investment still maintained a high growth rate compared to the same period in both the number of projects and investment capital.

Nearly 2 billion USD of foreign capital has entered the Vietnamese real estate market, picture 1.

Nearly 2 billion USD of foreign capital "poured" into Vietnam's real estate market. (Photo: ST)

In addition, 1,227 new projects were granted business registration certificates (up 27.5% over the same period); total registered capital reached nearly 7.94 billion USD (up 50.8% over the same period).

Foreign investors invested in 17 out of 21 sectors of the national economy. Of these, the processing and manufacturing industry took the lead with over 7.43 billion USD, accounting for 67.1% of the total registered investment capital, up 11.9% over the same period.

The real estate business ranked second with nearly 1.98 billion USD, accounting for nearly 17.9% of the total registered investment capital, up 70.8% over the same period. Next were the wholesale and retail sectors; transportation and warehousing with total registered capital reaching more than 514.2 million USD and nearly 342.2 million USD, respectively.

There were 78 countries and territories investing in Vietnam in the first 5 months of the year. Of which, Singapore took the lead with nearly 3.25 billion USD, accounting for 29.3% of total investment capital, up 28.2% over the same period in 2023.



Source: https://www.congluan.vn/gan-2-ti-usd-von-ngoai-do-vao-thi-truong-bat-dong-san-viet-nam-post297035.html

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