Republic of Korea remains Vietnam’s top investor
The Republic of Korea (RoK) remained Vietnam’s No.1 investor during the January 1-September 20 period, with total investment of US$6.31 billion, accounting for 24.7% of total foreign direct investment (FDI) Vietnam has attracted in the time.
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According to the ministry of Planning and Investment, Japan ranked second with US$5.91 billion, or 24.7% of total FDI, followed by Singapore with US$4.14 billion, constituting 16.2%.
The RoK had a major project worth US$2.5 billion of Samsung Display Vietnam in Bac Ninh province.
Japan invested US$2.793 billion into building the 1,200 MW Nghi Son 2 thermal power plant in north central Thanh Hoa province.
Meanwhile, Singapore investors were involved in the 1,109 MW Nam Dinh 1 thermal power plant with US$2.07 billion in northern Nam Dinh province.
As of September 20, Vietnam attracted US$25.4 billion in FDI, up 34.3% year on year, reported the ministry.
Of the total, US$14.5 billion was poured into 1,844 new projects, while US$6.75 billion was injected into 878 underway ones, and US$4.16 billion was worth in company shares bought by foreign investors.
The MPI revealed that in the reviewed time, US$12.5 billion of FDI was disbursed, a rise of 13.4% over the same period last year. the Ministry of Planning and Investment.
