RoK investment in Vietnam rises 82 percent
Investments in Vietnam by businesses from the Republic of Korea in the first six months of this year rose 82.2 percent year on year, said a report on the Sai Gon Giai phong newspaper.
A production line in Mobile Samsung factory in Thai Nguyen (Source: VNA) Investments in Vietnam by businesses from the Republic of Korea in the first six months of this year rose 82.2 percent year on year, said a report on the Sai Gon Giai phong newspaper.
Vietnam together with the United States and Singapore reported the highest growth rates of RoK investments during the review period compared to other destinations.
RoK investments in Singapore surged 161.6 percent on a yearly basis, while the rate recorded in the US was 20.5 percent.
The newspaper added that the high growths were attributable to stable economic recovery in the US as well as several Asian countries in the context of expanding overall global investments.
Overseas investments by businesses in the East Asia economic power totalled 17.5 billion USD during the first six months of this year.-VNA
You should also see
Prime Minister pays tribute to legendary founders of Vietnam
Prime Minister Pham Minh Chinh and other officials offered incense in commemoration of the Hung Kings, the legendary founders of Vietnam, at Kinh Thien Palace on Nghia Linh Mountain in Viet Tri city, the northern province of Phu Tho, on April 18 (the 10th day of the third lunar month).
See more
Business
Standard Chartered, US promote clean energy investments in Vietnam
Standard Chartered and the US Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) on green financing in Vietnam and to promote the deployment of advanced clean energy in Vietnam.
Business
Vietnam Airlines, Sun Group promote Vietnam’s tourism in RoK
National flag carrier Vietnam Airlines and Sun Group on April 17 held a tourism promotion event themed “The Magnificent Vietnam” in Seoul, aiming to promote Vietnam’s tourism potential, flights, and trade opportunities for Vietnam and the Republic of Korea (RoK).
Business
Overseas remittances to HCM City record highest increase in three years
Overseas remittances to Ho Chi Minh City exceeded 2.86 billion USD in the first quarter of 2024, an annual increase of 35.4% and the highest recorded in three consecutive years.
Business
Thu Duc city seeks investment in 11 PPP projects
Authorities of Thu Duc city, Ho Chi Minh City, held a conference on April 17 to draw investment in 11 public-private partnership (PPP) projects in the fields of education, culture and sports, with a total capital of over 2 trillion VND (83.3 million USD).
Videos
Real estate market thrives, entities ready to re-enter market
The real estate market has witnessed positive developments, with a slew of projects, including billion-dollar projects, being announced and called for investment in the first quarter of 2024.
