ASEAN countries have over 2,000 FDI projects in Vietnam
FIA reported that the ASEAN countries included Singapore, Malaysia, Thailand, Brunei, Indonesia, the Philippines, Laos, and Cambodia. among them, Singapore topped ASEAN’s investment in Vietnam with 1,353 projects, worth USD32.7 billion. These figures made up 53% of total number of ASEAN’s projects and 60% of the region’s investment capital in the country.
Malaysia ranked second with 484 projects, capitalized with USD10 billion, accounting for 19% of total number of ASEAN’s projects and 22% of the region’s investment capital in Vietnam. It was followed by Thailand with 371 projects (14%), valued at USD6.7 billion (12%).
Currently, ASEAN investors are invested in 18 industries with almost all of their capital flowing into processing and manufacturing industry with 974 projects, worth USD21.7 billion (40% of the ASEAN’s investment capital in Vietnam). The following were real estate with 93 projects, worth USD16.5 billion (30%) and construction with 169 projects, valued at USD3.1 billion (5.9%).
ASEAN investors have so far appeared in 55 out of 63 localities nationwide but they mainly focused their investment in big cities and localities with advantageous infrastructure facilities such as Ho Chi Minh city, Ba Ria - Vung Tau, Ninh Thuan, Binh Duong, Hanoi and Hai Duong./.
Compiled by VNF