Most notably, Vietnam attracted more than US$11.7 billion in foreign direct investment (FDI) from the beginning of the year to May 20, representing an annual rise of 2%.

These represents positive achievements which in turn demonstrate the general attractiveness of the country’s investment climate within the international arena.

Foreign investors have injected money into a total of 17 industries out of 21 national economic sectors, of which, the processing and manufacturing industry took the lead with more than US$7.43 billion, thereby accounting for 67.1% of total registered investment capital and representing a rise of 11.9% on-year.

Real estate businesses ranked second with nearly US$1.98 billion, making up nearly 17.9% of total registered investment capital and representing an increase of 70.8% on-year.

There have been a total of 78 countries and territories investing in the Vietnamese market over the past five months of the year, of which Singapore topped the list with nearly US$3.25 billion, up 28.2 % on-year.

Hong Kong (China) ranked second with nearly US$1.45 billion, marking a 2.2-fold rise against the same period from last year.

In the reviewed period, the foreign invested-sector enjoyed a trade surplus of US$19.57 billion, including crude oil, while the domestic business sector racked up a trade deficit of more than US$11.05 billion.

So far, the country has had a total of 40,285 valid projects with a total registered capital of US$481.33 billion.

The disbursement of foreign-invested projects was estimated to stand at about US$305.43 billion, equivalent to nearly 63.5% of the total valid registered capital.