Nearly 19% of total FDI inflow in Vietnam poured into real estate: GSO
Foreign direct investment in the real estate sector for 2024 reached 3.72 billion USD, making up 18.8% of the total FDI that Vietnam attracted in the year, second only to the manufacturing sector, reported the General Statistics Office.
When combining both new and added capital from previously approved projects, the total FDI in the real estate sector hit 5.09 billion USD, accounting for 15.1% of the total FDI Vietnam attracted in the year.
In terms of disbursement, the capita disbursed in real estate business activities hit 1.84 billion USD, representing 7.2% of the total FDI, making it the second-largest sector in the field, following manufacturing.
Notably, while major global real estate markets are underperforming, FDI in Vietnam’s real estate sector is on the rise, underscoring the market’s appeal to foreign investors.
Furthermore, the strong growth of Vietnam’s manufacturing sector has made industrial real estate an increasingly attractive segment. This growth is driven by the presence of numerous foreign investment funds and developers focusing on high-standard warehouse and factory projects./.
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