RoK – top FDI investor in Vietnam

(VOV) - Since early this year, 60 countries and territories have directly invested in Vietnam. The Republic of Korea tops the list, followed by Singapore, Japan and Hong Kong.

In the 11-month period, the newly registered and the extended FDI capital of Korean businesses reached US$6,82 billion,

Foreign businesses have invested in 50 provinces and cities nationwide. Thai Nguyen province ranks first in attracting FDI capital, followed by Ho Chi Minh City, Binh Duong, Bac Ninh, Dong Nai and Haiphong.

According to the Ministry of Planning and Investment (MPI), in the reviewed period, foreign investors have registered a total investment capitalization of US$17.33 billion or 83.3% against the same period last year.  It is estimated that US$11.2 billion FDI capital has been disbursed, a year-on-year increase of 6.2%.

The manufacturing and processing sector attracted most of the FDI with 689 newly registered projects. It is followed by the real estate sector with 32 new projects and the construction sector.

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