Republic of Korea tops the largest investors in Vietnam in Q1
Among 40 countries and territories investing in Vietnam, the Republic of Korea ranked the top of largest investors with 888.6 million USD from new and adjusted projects, accounting for 22% of the national figure.
According to the Foreign Investment Agency under the Ministry of Planning and Investment, Vietnam attracted nearly 4.03 billion USD in newly-registered and additional capital from foreign direct investment (FDI) projects in the first quarter of 2016, up nearly 120% against the same period in 2015.
The Foreign Investment Agency said that up to 473 foreign direct investment (FDI) projects worth at 2.74 billion USD were licensed in January-March, a year-on-year growth of 125.2%.
Meanwhile, in the first quarter of this year, 203 operational FDI projects registered to add their capital by 1.285 billion USD, up 107% against the figure in the same period last year.
As of March 20, 2016, FDI disbursement was estimated to reach 3.5 billion USD, up 14.8% year-on-year.
Among 40 countries and territories operating their FDI projects in Vietnam, the Republic of Korea ranked the top of largest investors with 888.6 million USD from new and adjusted projects, accounting for 22% of the national figure.
Singapore and Taiwan (China) were named the second and third places with 554 million USD and 465.6 million USD, respectively making up 13.7% and 11.5% of the country's number.
The southern province of Dong Nai took the lead in drawing FDI in January-March period with 60 newly-licensed and adjusted projects valued at 585 million USD, accounting for 14.5% of FDI in the reviewed time
Runners-up were the northern province of Bac Ninh with 398 million USD and the southern province of Binh Duong with 371 million USD, respectively.
In January-March, export turnover of the FDI sector reached more than 27 billion USD, rising by 5.8%, accounting for 71.3% of the national figure.
Foreign investors poured their capitals into 19 sectors, of which the processing and manufacturing industry is the most attractive with 2.9 billion USD, accounting for 72% of the total FDI registered in Vietnam.
Real estate came in second, attracting about 240 million USD, or some 6% of the pledged sum.
The entertainment sector ranked third in the list with one large-scale project worth more than 210 million USD, making up 5.2% of the nation’s total FDI.
The Foreign Investment Agency said that up to 473 foreign direct investment (FDI) projects worth at 2.74 billion USD were licensed in January-March, a year-on-year growth of 125.2%.
Meanwhile, in the first quarter of this year, 203 operational FDI projects registered to add their capital by 1.285 billion USD, up 107% against the figure in the same period last year.
As of March 20, 2016, FDI disbursement was estimated to reach 3.5 billion USD, up 14.8% year-on-year.
Among 40 countries and territories operating their FDI projects in Vietnam, the Republic of Korea ranked the top of largest investors with 888.6 million USD from new and adjusted projects, accounting for 22% of the national figure.
Singapore and Taiwan (China) were named the second and third places with 554 million USD and 465.6 million USD, respectively making up 13.7% and 11.5% of the country's number.
The Republic of Korea ranks the top of largest investors with 888.6 million USD from new and adjusted projects.
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Runners-up were the northern province of Bac Ninh with 398 million USD and the southern province of Binh Duong with 371 million USD, respectively.
In January-March, export turnover of the FDI sector reached more than 27 billion USD, rising by 5.8%, accounting for 71.3% of the national figure.
Foreign investors poured their capitals into 19 sectors, of which the processing and manufacturing industry is the most attractive with 2.9 billion USD, accounting for 72% of the total FDI registered in Vietnam.
Real estate came in second, attracting about 240 million USD, or some 6% of the pledged sum.
The entertainment sector ranked third in the list with one large-scale project worth more than 210 million USD, making up 5.2% of the nation’s total FDI.
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