Singapore rose to become the biggest foreign investor in Vietnam in the first four months of 2020 with 5.07 billion USD, accounting for 41 percent of the total.
Hong Kong (China) topped the list of 95 countries and territories investing in Vietnam in the January-June period, with a total investment of 5.3 billion USD, making up 28.7 percent of the new foreign direct investment (FDI) inflow into the country.
The Vietnam-Korea Free Trade Agreement (VKFTA), which took effect on December 20, 2015, has played an important role in attracting investments from the Republic of Korea (RoK) to Vietnam and helping the Southeast Asian nation integrate deeper into the regional economy, said a local official.
Total direct investment in Indonesia rose 11.8 percent year-on-year (y/y) to 185.3 trillion rupiad (14.3 billion USD) in the first quarter of 2018, according to the Indonesia's Investment Coordinating Board (BKPM).
The flow of foreign direct investment (FDI) into Vietnam in the first quarter of 2018 witnessed a significant yearly decline of 25 percent to 5.8 billion USD, but disbursement rose by 7.2 percent year-on-year to 3.88 billion USD.
The Vietnam-RoK Strategic Cooperative Partnership has enjoyed strong and sustainable development in all fields over the past years. The RoK is now the largest foreign investor of Vietnam.