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Jul 01, 2015 / 14:52

The Republic of Korea leads in Vietnam's FDI in the first half of 2015

According to the Foreign Investment Agency under the Ministry of Planning and Investment, the Republic of Korea surpassed 48 countries and territories to become the top investing country in Vietnam, with total registered capital worth 1.52 billion USD.

The disbursement of foreign direct investment (FDI) in the two quarters of this year reached 6.3 billion USD, up 9.6 percent compared to the same period last year. 
The Foreign Investment Agency said that the total capital of Vietnam's FDI reached 5.49 billion USD in the January-June period.
Accordingly, 750 new FDI projects were granted investment certificates, with total registered capital worth 3.84 billion USD. Some 280 projects increased their registered capital by a total of 1.65 billion USD.

 
The Republic of Korea became the top investing country in Vietnam in the first half of 2015.
The Republic of Korea became the top investing country in Vietnam in the first half of 2015.
The number of newly granted projects increased 15% year on year but there were no large-scale projects.
During the period, most of the FDI poured into the processing and manufacturing industries, with 338 new projects and 190 increasing capital worth 4.16 billion USD, accounting for 76% of the total capital. 
The property sector was ranked the second position, with 11 new projects registered and 7 increasing capital with a total of 465.5 million USD. It was followed by the wholesale, retail and repair sectors, with 119 new projects and 26 increasing capital, with total capital worth 276.5 million USD. 
With total registered capital worth 1.52 billion USD, the Republic of Korea overcame 48 countries and territories to become the top investing country in Vietnam, followed by British Virgin Islands, with 684,8 million USD. 
Turkey and Hong Kong held the third and fourth positions, with a total investment of 660.2 million USD and 627.5 million USD, respectively.