22:08 (GMT +7) - Wednesday 19/09/2018


Singaporean FDI hits $36 billion

Released at: 21:12, 15/03/2016

Singaporean FDI hits $36 billion

Country ahead in FDI with more than $36 billion in 1,569 projects.

by Hong Nhung

Singapore is leading the way in foreign direct investment (FDI) in Vietnam, with 1,569 projects and total registered capital of more than $36 billion, according to figures from the Foreign Investment Agency.

In the first two months of this year Singaporean investors also received licenses to pour $435 million into 30 new projects, with six existing projects obtaining permission to add $33.8 million in capital.

On average, each project of Singaporean investors has $23 million in capital; $13.96 million higher than the overall average.

Singaporean investors have substantial amounts into Vietnam’s manufacturing and processing industry, with 481 projects and $15.6 billion, respectively, accounting for 30.65 per cent of projects and 43.47 per cent of investment capital from the country.

User comment (0)

Send comment


Vinasoy introduces new Fami Go soy drink
Vinasoy introduces new Fami Go soy drink