FDI in Vietnam skyrockets in January

Foreign direct investment (FDI) in Vietnam surged 52 percent to 1.9 billion USD in January, according to the Ministry of Planning and Investment.

The manufacturing sector captured the most interest from foreign investors, followed by science and technology, and real estate. Japan was the top investor with more than 360 million USD. South Korea and China came second and third. Ho Chi Minh City, and Binh Duong and Hai Duong provinces are among the most attractive FDI destinations. The two biggest projects during the reviewed period were Kyoshin Vietnam's 135 million USD expansion in HCM city and Katolec Global Logistics Vietnam's 65 million USD investment for warehousing and storing goods in Ha Nam province.

Source: VOV5