|Vietnam is named 19th among the world’s top 20 host economies for FDI in 2020. (Photo: VNA)
Singapore and Japan topped the list of countries and territories having investment projects in Vietnam. Singapore contributed 5.64 billion USD in 2020, or 37% of the total, and Japan invested 2.44 billion USD, a surge of 67% year-on-year.
According to UNCTAD's World Investment Report 2021, countries closing their borders due to the COVID-19 pandemic has led to the postponement of several investment projects, which caused multinational companies re-evaluate new projects.
The UN organization suggested economies boost investment in infrastructure and energy transformation, and focus more on the healthcare sector.