Ministry names top ten attractive sectors for foreign investors

The processing and manufacturing industry takes the lead with 6,457 projects worth over USD84 billion, followed by real estate with 281 projects capitalized at USD32 billion and construction sector with 439 projects capitalized at USD8.8 billion.

The telecom and communication industry attracted 527 projects costing USD4.5 billion, agro-forestry-fishery with 476 projects of USD3 billion, and coming next are services and tourism, transport and retail.

Taiwan, South Korea, Malaysia and Japan are biggest foreign investors among 87 countries and territories investing in Vietnam.

Vietnam was estimated to have attracted US$6.68 billion of pledged FDI inflows between January and May, down 76.3% on year, the MPI said.

The Southeast Asian nation aims to attract USD20 billion of FDI this year compared with USD64 billion pledged for 2008, the ministry said.