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RoK tops foreign investors in Vietnam in 2019

The Republic of Korea (RoK) is the leading foreign investor in Vietnam in 2019, pouring 7.92 billion USD into the country, accounting for over one fifth of the total flow of foreign direct investment into Vietnam during the year.
RoK tops foreign investors in Vietnam in 2019 ảnh 1At a Korean company in Vietnam (Source: VNA)

Hanoi (VNA) - The Republic of Korea (RoK) is the leading foreign investor inVietnam in 2019, pouring 7.92 billion USD into the country, accounting for overone fifth of the total flow of foreign direct investment into Vietnam during theyear.

A total 38.02billion USD of foreign direct investment (FDI) was poured into Vietnam thisyear to December 20, a 10-year high, according to the Foreign Investment Agency(FIA) under the Ministry of Planning and Investment.

The amount,representing a 7.2 percent increase on a yearly basis, included newlyregistered capital, additional capital to existing projects, and share purchaseby foreign investors.

Hong Kong (China)came close behind the RoK with 7.87 billion USD, ranking second among 125countries and territories investing in Vietnam. The amount included 3.85billion USD spent on shares of the Vietnam Beverage Ltd Co in Hanoi.

Third wasSingapore with 4.5 billion USD, followed by Japan and China. It is noteworthythat investment from China showed a rising trend, with a 1.65-times increase.

Hanoi absorbedthe largest share of the FDI flow with 8.45 billion USD or 22.2 percent of thetotal figure. It was followed by Ho Chi Minh City with 8.3 billion USD.

The disbursementof FDI capital also reached a record of 20.38 billion USD.
VNA
#Republic of Korea #foreign investor #foreign direct investment #FDI #investment project #Vietnam #Vietnamplus #Vietnam News #Vietnam News Agency Korea (RoK) Vietnam
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