Foreign investors spend nearly US$3 billion on buying corporate shares

17:29 | 04/08/2016 Economy Follow Ven.vn on

In the past year, 3,141 foreign investors have bought US$2.948 billion shares of Vietnam companies, according to Foreign Investment Agency under the Ministry of Planning and Investment.

From July 1 last year to July this year , foreign investors contributed capital to or bought shares worth US$1.894 billion from 1,709 businesses. The figures for the first seven months were US$1.512 billion and 1,284 businesses, respectively.

Real estate was the first priority of foreign investors who contributed US$350.1 million to 33 businesses. This accounts for 23.1% of their total capital contribution.

Retail and wholesale trade came second with 57 projects with US$318.9 million, followed by air transport, and plastic product manufacturing.

In the first seven months, investors from 65 countries and territories contributed capital and bought shares in Vietnam. Singapore took the lead with 107 projects valuing at US$488.4 million, trailed by the Republic of Korea with 331 projects (US$321 million), Japan (US$157 million), Taiwan (US$130.8 million) and China (US$65.8 million)./.

Source: VOV

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