Vietnam attracts over 29 billion USD in FDI in ten months

Vietnam attracted 29.11 billion USD in foreign direct investment (FDI) in the first ten months of 2019, up 4.3 percent over the same period last year, according to the Ministry of Planning and Investment.

Processing and manufacturing remained the most attractive sector to foreign investors during the January-October period, drawing 18.83 billion USD, making up 68.1 percent of the total FDI pledges. It was followed by property trade at 2.98 billion USD (10.2 percent of the total) and wholesale and retail.

Hanoi was the largest FDI recipient during the period with 6.61 billion USD, accounting for 22.7 percent of the total. Ho Chi Minh City came second with 4.96 billion USD (17 percent), followed by Binh Duong, Dong Nai, and Bac Ninh.

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