FDI commitments to Vietnam hit four-year high

(VOVWORLD) -Foreign direct investment (FDI) pledged to Vietnam in the first five months of this year hit a four-year high of more than 16.7 billion USD, a Foreign Investment Agency report has shown. The FDI inflow represented a yearly increase of 69 per cent.

Among 19 areas receiving capital from foreign investors, manufacturing and processing led with 12 billion USD. Real estate came next, followed by retail and wholesale.

Hong Kong was Vietnam’s largest source of FDI in the five-month period, followed by South Korea and Singapore. Hanoi retained its crown as the most attractive destination for foreign investors. HCM city ranked second and Binh Duong province came third.