The construction sector received US$12.41 million in foreign direct investment in March. This included 3 new projects worth US$2 million, according to the latest data from the Ministry of Industry and Trade.
Breakdown by activity:
- 1 capital increase accounted for US$1 million.
- 5 shareholding adjustments contributed US$10 million.
Modest but diverse investment activity points to selective interest in Vietnam’s construction industry, possibly targeting niche infrastructure or real estate segments under strategic development. This follows on from broader uncertainty in the sector an extensions of the problems facing Vietnam’s residential real estate industry.
See also: Vietnam’s Real Estate Market Recovery 2024: Unpacked