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Spiral of Foreign Investment in Vietnam

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Hanoi, Apr 2 (Prensa Latina) Foreign direct investment (FDI) in Vietnam reached a record 10.8 billion dollars in the first three months of this year.

That amount represented an astronomical 86.2 percent year-on-year jump, the Foreign Investment Department said Tuesday.

Of the total, three million 820 billion dollars corresponded to 785 new projects, one billion 300 to others that were in progress and the rest to the purchase of shares.

By sector, the main recipients were the processing and manufacturing industries (almost eight and a half billion dollars, more than three quarters of the total), real estate (more than 778 million) and science and technology (383.2 million).

Among the 74 countries and territories that invested in Vietnam during this period, Hong Kong (China, 4.4 billion dollars), Singapore (1.46 billion dollars), South Korea (1.3 billion dollars), China (1 billion dollars) and Japan (700 million dollars) topped the list.

According to market experts, the Indochinese nation is a very reliable investment destination due to the guarantees offered to investments, the political and social stability of the country and the dynamism of its economy.

Last year, FDI in Vietnam totalled 35.46 billion dollars. More than 28,000 projects operating under this regime are active in the country, with registered capital of close to 400 billion dollars.

Due to their accumulation, the biggest investors are South Korea (63 billion dollars) and Japan (58 billion dollars).


https://www.plenglish.com/index.php?o=rn&id=40514&SEO=spiral-of-foreign-investment-in-vietnam
 
a good start into the year. Should the trend continue, we will see Fdi to increase to $80 billion for the whole year. GDP growth can reach 8 percent.

Japan, Korea and Singapore
The big three’s

@Suika
@Mista

:tup:
 
a good start into the year. Should the trend continue, we will see Fdi to increase to $80 billion for the whole year. GDP growth can reach 8 percent.

Japan, Korea and Singapore
The big three’s

@Suika
@Mista

:tup:
VN surely get big benefit from US-CN trade war. IF Japan, Korea and Singapore keep investing in CN, then they will get hit hard from US.

btw , we should wait till CN chaos (in 2023), then VN will get a huge investment from "CN rebels" who trying to run away from incoming CN civil war .
 

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