Samsung Display Vietnam factory in Bac Ninh (Source: Internet)Hanoi (VNA) – The Republic of Korea (RoK) remainedVietnam’s No.1 investor during the January 1-September 20 period, with totalinvestment of 6.31 billion USD, accounting for 24.7 percent of total foreigndirect investment (FDI) Vietnam has attracted in the time, according to theMinistry of Planning and Investment.
The ministry reported that Japan ranked second with 5.91 billion USD, or24.7 percent of total FDI, followed by Singapore with 4.14 billion USD, constituting16.2 percent.
The RoK had a major project worth 2.5 billion USD of Samsung DisplayVietnam in Bac Ninh province.
Japan invested 2.793 billion USD into building the 1,200 MW Nghi Son 2 thermalpower plant in north central Thanh Hoa province.
Meanwhile, Singapore investors were involved in the 1,109 MW Nam Dinh 1thermal power plant with 2.07 billion USD in northern Nam Dinh province.
As of September 20, Vietnam attracted 25.4 billion USD in FDI, up 34.3percent year on year, reported the ministry.
Of the total, 14.5 billion USD was poured into 1,844 new projects, while6.75 billion USD was injected into 878 underway ones, and 4.16 billion USD wasworth in company shares bought by foreign investors.
The MPI revealed that in the reviewed time, 12.5 billion USD of FDI wasdisbursed, a rise of 13.4 percent over the same period last year.-VNA
VNA
