2.32 billion USD in FDI poured into real estate this year
According to the Ministry of Planning and Investment’s Foreign Investment Agency, as of the fourth quarter this year, real estate has attracted 2.32 billion USD in foreign direct investment (FDI), ranking third among sectors that have FDI projects.
The sum FDI from real estate accounts for 11.5% of the total FDI in Vietnam.
Foreign Investment Agency under the Ministry of Planning and Investment said there were 29 new projects and 10 others that register added capital.
Experts forecast that FDI inflows are expected to continue concentrate on real estate and several multi-billion USD projects in the coming time.
They advised that the capital should be geared into eco-friendly, hotel and resort properties rather than those in urban areas.
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Experts forecast that FDI inflows are expected to continue concentrate on real estate and several multi-billion USD projects in the coming time.
They advised that the capital should be geared into eco-friendly, hotel and resort properties rather than those in urban areas.
14:43, 2024/11/18
Aircraft manufacturer Embraer seeks comprehensive aviation partnership with Vietnam
The Vietnamese leader urges the aircraft manufacturer to collaborate on technology transfer, airport construction and operation, research, and investment in Vietnam.
21:55, 2024/10/22
Better links with FDI firms to support Hanoi businesses
Hanoi will continue to focus on quality projects, especially with partners such as Japan, the United States, and Europe to boost technology transfer.
15:24, 2024/09/24
Vietnam calls for more US investment in innovation, hi-tech
The Vietnamese leader called on relevant agencies to resolve any challenges faced by investors and enhance the investment climate to encourage greater US investment in Vietnam.
14:13, 2024/09/23
Vietnamese leader urges Boeing to build production facility in Vietnam
Boeing is committed to continuing to support the development of Vietnam's aviation ecosystem, focusing on aviation infrastructure, human resources training, airport construction, and aircraft maintenance facilities.
14:38, 2024/09/17
Foreign capital pouring into Vietnam's real estate market
Experts are optimistic that the 2024 Land Law, once enacted, will help resolve legal bottlenecks and attract more FDI.
16:27, 2024/08/24
Vietnam news in brief - August 24
Read The Hanoi Times to stay up to date on developments in Vietnam.
- Growing number of FDI firms moving to Vietnam
- Vietnam Gov’t committed to facilitating Adani Group’s US$2-billion port project
- Vietnam Railway proposes US$87 million for Hanoi–Dong Dang railway upgrade
- Vietnam’s North-South high-speed railway to be designed for 350km/h
- Vietnamese gov’t urged to address impact of global minimum tax
- Samsung plans drastic investment increase in Vietnam over next three years