RoK investors inject US$81.3 billion into Vietnamese market
VOV.VN - The Republic of Korea (RoK) took the lead among 142 countries and territories investing in the nation with a total registered capital reaching US$81.3 billion, according to figures released by the Ministry of Planning and Investment.
Singapore ranked second in terms of investment with nearly US$72.1 billion, accounting for 16.3% of total investment capital, followed by Japan, Taiwan (China), and Hong Kong (China).
The opening two months of the year witnessed the RoK inject about US$418.83 million into the country through a total of 26 new projects.
The majority of this investment was poured into the fields of processing and manufacturing, real estate, and construction.
Vietnamese localities and cities which received the most investment capital from the RoK include Bac Ninh, Hai Phong, Hanoi, Dong Nai, Thai Nguyen and Ho Chi Minh City. and Ho Chi Minh.
According to the analysis of experts, the country’s current favourable investment climate has attracted a large number of Korean businesses, which have significantly contributed to accelerating Vietnamese economic development over the past time.
The RoK Government plans to continue co-operating with the Vietnamese Government moving forward as a means of helping Korean businesses to expand their investment in the nation, especially in the spheres of eco-friendly infrastructure construction, clean energy development, finance, agriculture, digital technologies, health and culture.
Source: VOV