RoK-largest foreign investor in Vietnam
(VOV) - The Republic of Korea (RoK) is currently the single largest foreign investor in Vietnam, with foreign direct investment (FDI) of US$37.84 billion invested in 4,240 projects in the country.
In the first two months of the year alone, the Foreign Investment Agency (FIA) has reported that RoK businesses registered 50 new and 19 supplementary projects with combined pledged FDI of US$222.11 million.
RoK businesses have invested in 51 of the nation’s 63 provinces and cities. Hanoi has attracted the largest number of projects followed by Thai Nguyen and Dong Nai, in second and third place respectively.
The FIA has also reported that as of the end of February, Japan is the second largest foreign investor in Vietnam with US$37.37 billion invested in 2,556 projects. In the January-February period, Japan registered 25 new and 17 supplementary projects with combined FDI valued at US$169.83 million.