ASEAN Investment into Vietnam reached $54.6 billions

According to the Ministry of Planning and Investment Department on Foreign Investment in Vietnam, ASEAN is one of the largest trade partners of Vietnam. On June 20th, 2015, a total of 2632 projects were implemented in the region in Vietnam, investment amounted to 54.6 billion dollars.
In particular, Singapore has 1428 investment projects, whose investment amounted to 32.2 billion USD, accounting for 60.8% of total investment leads top position. Malaysia ranked second with 499 projects, capital investments amounted to $ 12.6 billion, accounting for 22.1% of total investment capital. Thailand holds third place with 392 investment projects, the investment of $ 6.8 billion, which accounted for 12.5% ​​of total investment capital.
ASEAN's investment projects in Vietnam are mainly focused in the field of machining and manufacturing industries with total 1009 projects, invested up to 22.2 billion US dollars, accounting for 40.8% of total investment capital. Followed by the real estate sector, with 97 projects and invested 16.6 billion US dollars, accounting for 30.4% of total investment. The construction sector, with 175 projects and investment of $ 3.2 billion, accounts for 5.9% of total investment capital.
ASEAN investors in 55 provinces and cities of Vietnam carried out the investment. Among them, the Ho Chi Minh City in held 1144 projects, whose investment is amounted to 15.07 billion US dollar, which held the top spot with 27.6% proportion of total capital investment.
Hanoi has 417 projects, capital investment reached USD 8.58 billion (representing 15.7% of total investment) and Ba Ria-Vung Tau to 67 projects, capital investment reached USD 6.19 billion (accounting for 11, 3% of total investment), respectively ranked second and third. (According TTXVNA)