Foreign direct investment (FDI) from the European Union (EU) to Viet Nam is recovering this year after a downtrend since 2011, according to a report from the Ministry of Planning and Investment's Foreign Investment Agency (FIA).

A report released this week pointed out that the EU's total investment in Viet Nam in the first half of this year reached 600 million USD, nearly the same as in the entire 2013 and even higher than in the whole 2014.

The total FDI was expected to be higher by the end of this year, the agency forecast.

Workers of Scavi Hue Garment Company, a French wholly invested company, sew the products for export.(Source: VNA)

Now, 23 EU nations have invested in Viet Nam with the number of existing projects at 1,688 and total investment capital at 21 billion USD. Average investment is 12.6 million USD per project.

The biggest investors include the Netherlands, the United Kingdom (UK), France, Luxembourg and Germany, who account for 82% of the total FDI, according to the agency.

Regarding the investment sectors, the EU investors mainly put their money into the processing and manufacturing sector, with 573 projects and a total investment of 6.29 billion USD. Their other major investment sectors have included the power production and real estate sectors.

(Source: VNA)