Vi

FDI inflows into real estate total over 66 billion USD

by VTV415 July 2023 Last updated at 08:00 AM

Comments0
FDI inflows into real estate total over 66 billion USD
VTV.vn - Vietnam has to date attracted 37,500 foreign direct investment (FDI) projects worth nearly 450 billion USD.

Vietnam has to date attracted 37,500 foreign direct investment (FDI) projects worth nearly 450 billion USD, including 1,100 projects in real estate with a total capital of 66.4 billion USD.

Among the 48 countries and territories investing in Vietnam’s real estate market, Singapore takes the lead, followed by the Republic of Korea (RoK) and Japan.

Foreign investments have flown into 45 cities and provinces, of which HCM City accounts for a lion's share with 16 billion USD(24.7%), followed by Hanoi, and the southern provinces of Binh Duong and Ba Ria-Vung Tau.

Most foreign investors in real estate are large-scale firms, and many projects are worth up to billions of US dollars.