FDI inflows to real estate sector drops

According to a report by the Foreign Investment Agency under the Ministry of Planning and Investment, as of July 20, the real estate market fell into a recession and foreign direct investment (FDI) capital (FDI) inflows to real estate sector dramatically decreased.
FDI inflows to real estate sector drops ảnh 1 FDI inflows to real estate sector drops
Noticeably, the total registered foreign direct investment (FDI) capital reached US$16.7 billion, down by 11 percent against the same period last year. FDI inflows to real estate in seven months just reached nearly $1.2 billion, down by $1.6 billion over the same period.
Specifically, in 18 industries and fields attracting investment, the processing and manufacturing industry leads the way with a total investment capital of over $7.9 billion, accounting for 47 percent of the total registered investment capital meanwhile electricity production and distribution attracted $5.49 billion, accounting for nearly 33 percent of the total registered investment capital.
Particularly in the real estate industry, investment capital decreased sharply due to the absence of large projects.

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