Switzerland invests nearly US$2 bln in VN

Switzerland invests nearly US$2 bln in VN

VGP – As of December 15, 2014, Switzerland poured US$1.94 billion in Foreign Direct Investment (FDI) in 101 projects in Viet Nam, according to Foreign Investment Agency (FIA).

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The manufacturing sector took lead among 14 sectors Switzerland investing in Viet Nam with US$1.64 billion in 36 projects.

Swiss investors invested in 16 out of 63 localities nationwide. Ha Noi and Ho Chi Minh City attracted the lion’s share of FDI at US$97 million in 20 projects and US$67 million in 45 projects respectively.

Switzerland was the 18th largest foreign investor in the country with an average FDI of roughly US$19.2 million per project.

By Thuy Dung

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