Figures from the agency showed that as of November 20, the ASEAN community had invested an overall total of 2,485 projects in Viet Nam worth US$44 billion. This is higher than the average foreign investment of $14.2 million per project in the country.
Singapore took the lead with 1,344 projects worth $32.7 billion or 61 per cent of the total, followed by Malaysia with 480 projects worth $11.99 billion or 22 per cent, and Thailand with 371 projects worth $6.65 billion or 12.4 per cent.
The ASEAN countries poured most of their investments into the manufacturing sector with 965 projects worth $21.6 billion, followed by real estate and construction. Most of the projects, numbering 1,838 and worth $34.4 billion, are entirely foreign-invested and make up 64 per cent of the total.
ASEAN countries have invested in 55 cities and provinces this year. HCM City placed first in attracting ASEAN investments with 1,065 projects worth $14.9 billion, followed by Ha Noi with 399 projects worth $8.54 billion and Ba Ria-Vung Tau Province with 67 projects of unspecified value.
Some of the big ASEAN projects in Viet Nam include Singapore's $4-billion South Hoi An Resort, Thailand's $3.7-billion Long Son Petrochemicals Complex, Samsung Electronics Viet Nam project's $3-billion second phase and Malaysia's Berjaya Viet Nam International University.
