WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Dec 30, 2014 / 10:04

Red River Delta absorbs over US$ 25 bln in FDI from RoK & Japan

The Republic of Korea (RoK) was the leading foreign investor in the Red River Delta with US$ 12.9 billion of registered capital, followed by Japan with US$ 12.7 billion, according to the Foreign Investment Agency (FIA).

The FIA reported that as of mid-December, the two East Asian countries poured around US$ 63 billion of FDI in 11Red River Delta cities and provinces. The figure accounted for around 25% of the country's total FDI amount.
 


Ha Noi ranked first in the region with US$ 23.4 billion in 3,013 projects, accounting for 58% and 38% in terms of  projects and capital; followed by Hai Phong city with US$ 10.9 billion in 441 projects; Bac Ninh province; and Hai Duong province.

The processing and manufacturing industry was the most attracting sector with over 2,400 projects valuing US$ 32.6 billion in registered capital (making up 47% of number and 51% of total investment).

Real estate and construction followed with US$ 10.2 billion and US$ 4.2 billion in registered capital, respectively.