RoK ranked the first in the top Vietnam investors through October
According to recent report of the Foreign Investment Agency, under the Ministry of Planning and Investment, with total new and expanded investment of 6.2 billion USD through October 2015, the Republic of Korea (RoK) led in the largest foreign investor in Vietnam.
The report revealed by the agency, pointed out that RoK had 583 new projects with total registered capital of 2.3 billion USD, and 257 expanded projects in the ten first months of this year with total registered capital of 3.9 billion USD.
Most of these projects were foreign direct investment (FDI) projects.
The report also showed that Malaysia ranked the second in the biggest investor with total investment of 2.5 billion USD, followed by Japan and the United Kingdom, with total investments of 1.48 billion USD and 1.27 billion USD, respectively.
RoK's businessed invested in 16 sectors, mainly in processing and manufacturing industries, with total investment of 5.63 billion USD, accounting for 90.3% of their registered capital during the period.
The second largest field poured by RoK capital was electrical production and supply industry with 200 million USD total investment, or 3.2% of RoK capital.
In January-October, RoK's businesses invested in 41 provinces and cities across the country.
The northern province of Bac Ninh attracted the biggest capital of RoK's investment in the period, with 3.33 billion USD, followed by southern Dong Nai province with 401.9 million USD and northern Hai Phong city, with 305.7 million USD.
Most of these projects were foreign direct investment (FDI) projects.
The northern province of Bac Ninh attracted the biggest capital of RoK's investment in the first ten months of this year.
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RoK's businessed invested in 16 sectors, mainly in processing and manufacturing industries, with total investment of 5.63 billion USD, accounting for 90.3% of their registered capital during the period.
The second largest field poured by RoK capital was electrical production and supply industry with 200 million USD total investment, or 3.2% of RoK capital.
In January-October, RoK's businesses invested in 41 provinces and cities across the country.
The northern province of Bac Ninh attracted the biggest capital of RoK's investment in the period, with 3.33 billion USD, followed by southern Dong Nai province with 401.9 million USD and northern Hai Phong city, with 305.7 million USD.
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Vietnam news in brief - August 24
Read The Hanoi Times to stay up to date on developments in Vietnam.
- Growing number of FDI firms moving to Vietnam
- Vietnam Gov’t committed to facilitating Adani Group’s US$2-billion port project
- Vietnam Railway proposes US$87 million for Hanoi–Dong Dang railway upgrade
- Vietnam’s North-South high-speed railway to be designed for 350km/h
- Vietnamese gov’t urged to address impact of global minimum tax
- Samsung plans drastic investment increase in Vietnam over next three years