ASEAN investors have pumped US$27.68 billion into 1,176 projects in the industry, accounting for nearly 43 per cent of their investments in Viet Nam. — Photo baocongthuong.vn

HA NOI (Biz Hub) — Foreign investors from the Association of Southeast Asian Nations (ASEAN) are showing interest in the processing and manufacturing industry in Viet Nam, the Foreign Investment Agency has said.

As of July 20, ASEAN investors have pumped US$27.68 billion into 1,176 projects in the industry, accounting for nearly 43 per cent of their investments in Viet Nam, the agency, which is under the Ministry of Planning and Investment, said.

In addition to processing and manufacturing, these investors are also interested in real estate, injecting $19 billion, electricity production and distribution, investing $3.37 billion and construction, pumping $2.9 billion.

During the reviewed period, Singapore tops the bloc in investing in Viet Nam with 1,663 projects worth $38.1 billion, followed by Malaysia with $13.8 billion, and Thailand with $9.4 billion.

Among areas nationwide, HCM City and Ha Noi attracted the lion's share of ASEAN investment, drawing $17.33 billion and $8.39 billion, respectively, or equivalent to 26.8 per cent and 13 per cent of the bloc's total investment in Viet Nam.

According to the ministry, the two reviewed cities, besides southern Binh Duong and Dong Nai provinces, remained attractive destinations for ASEAN investors thanks to their sufficient infrastructure. — VNS