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Vietnam Today

South Korea still top investor

Released at: 17:29, 07/09/2015

South Korea still top investor

Latest reports shows South Korea accounted for 36.2% of new and additional FDI capital in first eight months.

by Tien Minh

The Foreign Investment Agency (FIA) under the Ministry of Planning and Investment (MPI) has published a report on foreign direct investment (FDI) in Vietnam in the first eight months of 2015.

There were some notable bright spots in the quality of FDI in the first eight months, with 55 countries and territories investing new and additional registered capital of $13.33 billion, up 30.4 per cent compared with the same period of 2014.

Newly-registered and additional capital of $5.26 billion saw South Korea retain its position as the leading investor in the country, accounting for 36.2 per cent of total investment. The UK and the British Virgin Islands ranked second and third, with total newly-registered and additional capital of $1.25 billion and $973.6 million, respectively, accounting for 9.39 per cent and 7.3 per cent of the total.

The manufacturing and processing sector attracted the most interest among foreign investors, with 634 new projects and 290 projects increasing their capital, resulting in total registered capital of $10.35 billion, or 77.7 per cent of the total. The real estate sector and the retail sector followed, with total investment of $1.82 billion and $311.08 million, respectively, accounting for 13.7 per cent and 2.34 per cent.

  • TAGS
  • FDI
  • investment
  • MPI
  • FIA

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