Malaysia- a leading investor in Vietnam

08:12, 10/12/2014

Malaysia is a leading country investing in Vietnam with foreign direct investment (FDI) of US$10.74 billion in 478 projects measured on a cumulative basis as of November, according to the Foreign Investment Agency.

 

Malaysia is a leading country investing in Vietnam with foreign direct investment (FDI) of US$10.74 billion in 478 projects measured on a cumulative basis as of November, according to the Foreign Investment Agency.

The average size of a Malaysian project calculates out to US$22.5 million, which is US$8.2 million higher than the US$14.3 million average for all FDI projects in the country.

Malaysian businesses have invested in 18 out of 21 economic sectors and in 33 out of 63 provinces in Vietnam. They are most heavily invested in the real estate sector with FDI of US$5.53 billion in 14 projects. 

HCM City leads in the attraction of FDI with 175 projects, followed by Hanoi with 83 and Dong Nai with 33. 

A US$3.5 billion Berjaya international university project, a US$1.16 billion Yen So Park project and a US$930 million financial centre in HCM city are among the largest projects completed to date.

(Source:VOV)