Consultants Forum Advertise
Subscribe
Area Development Magazine Current Issue

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development

Vietnam’s Foreign Direct Investment Reaches Record Level

07/30/2008
Foreign direct investment (FDI) pledged to Vietnam over the first seven months of 2008 has reached a record US$45.3 billion, an increase of 373 percent over the same period in 2007, according to a report from the Vietnamese government's General Statistics Office via Associated Press. The figure surpasses the record of $21.3 billion the nation received for the entire year of 2007. Taiwan is the top investor in Vietnam with a total pledged of $8.4 billion, the majority of which is the Formosa Group's planned $7.9 billion steel plant. Japan is ranked second with $7.2 billion, including a $6.2 billion refinery joint venture between PetroVietnam and companies from Japan and Kuwait. Malaysia is third with $5.1 billion pledged. A total of 381 projects with a $21.5 billion pledged investment are in industry, while 243 projects at $22.8 billion are in the service sector.

Podcast

Episodes
Apple Podcasts Spotify

Magazine

Issues
Area Development Magazine Q2 2026
Q2 2026

Receive quarterly issues of Area Development Magazine at no charge for qualified executives and consultants to industry.

Exclusive Research