Investments from EU start to recover


After a downtrend since 2011, foreign direct investment (FDI) from the European Union (EU) to Vietnam is recovering this year, a report from the Ministry of Planning and Investment’s Foreign Investment Agency (FIA) said.

EU’s total investment in Vietnam in the first half of this year reached USD 600 million, nearly the same as in the entire 2013 and even higher than in the whole 2014.

The biggest investors include the Netherland, the United Kingdom, France, Luxembourg and Germany, whow account for 82 per cent ot the total FDI, according the agency.

Regarding the investment sectors, the EU investors mainly put their money into the processing and manufacturing sector, with 573 projects and a total investment of USD 6.26 billion. Their other major investment sectors have included the power production and real estate sectors.

Source: Vietnam News