By the end of June this year, investors from eight ASEAN member countries have pledged to pour US$54.6 billion in 2,629 projects in Viet Nam, according to the Foreign Investment Agency.
Investors from Singapore, Malaysia, Thailand, Brunei, Indonesia, the Philippines, Laos, and Cambodia have set foot in all 18 economic sectors, the agency said.
Manufacturing and processing are the most favorite with 1,009 projects worth US$22.2 billion, followed by real estate with 97 projects capitalized at US$16.6 billion.
Singapore is the biggest ASEAN investor in manufacturing, processing and real estate with combined investment capital of US$23.4 billion.
However, ASEAN investment in agriculture still remains modest, accounting for just 2% (equivalent to US$1.08 billion), the said agency, adding that weather risks and low productivity are among the major obstacles.
Thailand, Singapore and Malaysia are the biggest ASEAN investors in agriculture while Dong Nai, Binh Duong and Quang Ninh attracted 50% of the total investment capital for agriculture./.
(Source:VGP)
