South Korea is the leading country investing in Vietnam.

August 26, 2016 15:35

The Foreign Investment Agency has just announced that from the beginning of the year to August 20, 2016, the whole country had 1,619 foreign direct investment (FDI) projects granted investment registration certificates, with a total registered capital of 9.79 billion USD, an increase of 24.3% over the same period in 2015.

In addition, there were 770 projects adjusting investment capital, with the total registered capital increasing by 4.57 billion USD, equal to 83.7% compared to the same period in 2015. Of which, Korea is the country investing the most in Vietnam.

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In the first 8 months of 2016, the total newly registered and increased FDI capital was 14.366 billion USD, up 7.7% over the same period in 2015. Photo: Internet

Thus, in the first 8 months of 2016, the total newly registered and increased FDI capital was 14.366 billion USD, an increase of 7.7% over the same period in 2015.

In the same period, it is estimated that FDI projects have disbursed 9.8 billion USD, an increase of 8.9% compared to the same period in 2015. Foreign investors have invested in 19 sectors, of which the processing and manufacturing industry is the sector that attracts the most attention from foreign investors, with 678 newly registered investment projects and 551 capital adjustment projects, the total newly granted and increased capital is 10.53 billion USD, accounting for 73.3% of the total registered investment capital in 8 months. Real estate business continues to rank second with 34 newly granted projects, the total newly registered and increased capital is 836.2 million USD.

South Korea remains the leader among countries and territories investing in Vietnam, with a total newly registered and increased investment capital of 4.8 billion USD, accounting for 33.4%. Singapore ranks second with a total newly registered and increased investment capital of 1.679 billion USD, accounting for 11.6% of the total registered investment capital. Japan ranks third with a total newly registered and increased investment capital of 1.46 billion USD, accounting for 10.1% of the total investment capital.

However, experts from the Ministry of Planning and Investment said that in the last months of the year, if there are not more large-scale projects, FDI capital in Vietnam will find it difficult to return to the strong growth rate as in the first months of this year. For the whole year, registered FDI capital will increase by about 10-15% compared to last year and disbursed capital will be about 15 billion USD.

According to Saigongiaiphong

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South Korea is the leading country investing in Vietnam.
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