World Economy

Vietnam FDI Rises 11.8%

Vietnam FDI Rises 11.8%Vietnam FDI Rises 11.8%

Vietnam received an estimated $14.2 billion in foreign direct investment in the first 10 months of this year, up 11.8% from the same period in 2016, the government said on Wednesday, Reuters reported. FDI pledges for new projects, increased capital and stake acquisitions jumped 37.4% from a year earlier to $28.24 billion, the investment ministry said in a report published on its website. The manufacturing and processing industry received the most foreign funds as of October, followed by the real estate sector. South Korea, Japan and Singapore were biggest investors in Vietnam.


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