The Republic of Korea leads in Vietnam's FDI in the first half of 2015
According to the Foreign Investment Agency under the Ministry of Planning and Investment, the Republic of Korea surpassed 48 countries and territories to become the top investing country in Vietnam, with total registered capital worth 1.52 billion USD.
The disbursement of foreign direct investment (FDI) in the two quarters of this year reached 6.3 billion USD, up 9.6 percent compared to the same period last year.
The Foreign Investment Agency said that the total capital of Vietnam's FDI reached 5.49 billion USD in the January-June period.
Accordingly, 750 new FDI projects were granted investment certificates, with total registered capital worth 3.84 billion USD. Some 280 projects increased their registered capital by a total of 1.65 billion USD.
The number of newly granted projects increased 15% year on year but there were no large-scale projects.
During the period, most of the FDI poured into the processing and manufacturing industries, with 338 new projects and 190 increasing capital worth 4.16 billion USD, accounting for 76% of the total capital.
The property sector was ranked the second position, with 11 new projects registered and 7 increasing capital with a total of 465.5 million USD. It was followed by the wholesale, retail and repair sectors, with 119 new projects and 26 increasing capital, with total capital worth 276.5 million USD.
With total registered capital worth 1.52 billion USD, the Republic of Korea overcame 48 countries and territories to become the top investing country in Vietnam, followed by British Virgin Islands, with 684,8 million USD.
Turkey and Hong Kong held the third and fourth positions, with a total investment of 660.2 million USD and 627.5 million USD, respectively.
The Foreign Investment Agency said that the total capital of Vietnam's FDI reached 5.49 billion USD in the January-June period.
Accordingly, 750 new FDI projects were granted investment certificates, with total registered capital worth 3.84 billion USD. Some 280 projects increased their registered capital by a total of 1.65 billion USD.
The Republic of Korea became the top investing country in Vietnam in the first half of 2015.
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During the period, most of the FDI poured into the processing and manufacturing industries, with 338 new projects and 190 increasing capital worth 4.16 billion USD, accounting for 76% of the total capital.
The property sector was ranked the second position, with 11 new projects registered and 7 increasing capital with a total of 465.5 million USD. It was followed by the wholesale, retail and repair sectors, with 119 new projects and 26 increasing capital, with total capital worth 276.5 million USD.
With total registered capital worth 1.52 billion USD, the Republic of Korea overcame 48 countries and territories to become the top investing country in Vietnam, followed by British Virgin Islands, with 684,8 million USD.
Turkey and Hong Kong held the third and fourth positions, with a total investment of 660.2 million USD and 627.5 million USD, respectively.
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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