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Dec 26, 2014 / 16:13

RoK – largest investor in Vietnam for 2014

The Republic of Korea (RoK) is Vietnam’s largest investor for calendar year 2014, according to the latest statistics from the Foreign Investment Agency (FIA), under the Ministry of Planning and Development.

The total inbound newly-registered and supplementary FDI from RoK enterprises reached US$7.32 billion for the year, accounting for 36.2% of  foreign cumulative investment.
 


The RoK was followed by Hong Kong, Singapore and Japan in second, third and fourth places, respectively.Among the 50 cities and provinces nationwide attracting FDI, Thai Nguyen, Ho Chi Minh City and Binh Duong topped the list.

As of the end of the year, the number of new FDI projects jumped 9.6% over the end of 2013 to1,588 projects with registered FDI of US$15.64 billion.

The total number of supplementary projects added during the year was 594 with registered FDI of US$4.58 billion.

The manufacturing and processing sector led in attracting foreign investment with 774 new projects and FDI of US$14.49 billion, followed by the real estate and construction sectors.