Manufacturing, processing draws EU investors

Processing and manufacturing has been Vietnam’s most attractive field to EU businesses who have invested in 573 projects with total capital of US$6.29 billion, accounting for 32 percent of their investment capital in Vietnam.

Workers process cashew nuts for exports (Illustrative photo: SGGP)

According to the Foreign Investment Agency, at the next sectors are electricity and real estate.

23 nations from the EU have invested in 1,688 projects in Vietnam with capital totaling US$21 billion so far.

Five largest investors include the Netherlands, the United Kingdom, France, Luxembourg and Germany holding 82 percent of EU investment capital in Vietnam.

By Han Ni – Translated by Hai Mien

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