Business

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.
RoK investment in Vietnam rises 82 percent ảnh 1A 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

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#Investments #Republic of Korea #Singapore Korea (RoK)
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