The Vietnamese Investors' Association in Cambodia held a meeting to review Vietnamese businesses' investment in Cambodia during the past year in Siem Reap City on July 25 th. Delivering his speech at the meeting, Chairman of the Bank for Investment and Development of Vietnam, Tran Bac Ha, said that Vietnam's total direct investment in 63 projects, licensed by Cambodia Development Council during the past year, amounted to US$900 million, thus making Vietnam the third largest foreign investor in Cambodia, after China and South Korea. Source: NLD Translated by Vu Hung … [Read more...] about Vietnam ranks third among foreign investors in Cambodia
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Singapore among biggest foreign investors in Vietnam
Singapore has retained its position as a leading foreign investor in Vietnam, according to the latest figures released by the Foreign Investment Agency (FIA). The Southeast Asian nation currently ranks third in the top overseas sources of investment with foreign direct investment (FDI) of US$33 billion in 1,379 projects. It has invested in 18 out of the nation’s 21 sectors, mainly manufacturing and processing (426 projects at US$13.37 billion), and real estate (74 projects at US$10 billion). In the January-February period alone, Singaporean businesses have registered 12 new and 8 supplementary projects with pledged FDI totalling US$71 million. Projects are located in 44 of the nation’s 63 provinces and cities. HCM City has attracted the largest number of projects (686 projects at US$9 billion), followed by Hanoi (226 projects at US$4.17 billion). VOV … [Read more...] about Singapore among biggest foreign investors in Vietnam
Singapore biggest foreign investor in HCMC
Singapore biggest foreign investor in HCMC Van Nam By Van Nam - The Saigon Times Daily HCMC – Singapore has become the biggest foreign investor in HCMC with 719 operational projects worth nearly US$8.22 billion, according to a report on foreign direct investment (FDI) in the city. The updated report of the city’s government on FDI approvals last year showed that Singapore is followed by Malaysia, Britain, South Korea and Japan. There are 5,310 valid FDI projects in the city with total registered capital of US$36.28 billion. Singapore has taken the lead with around US$8.22 billion, 22.66% of the total. Malaysia has 179 projects with some US$5.83 billion, Britain with 185 projects worth around US$3.7 billion, South Korea with 1,038 projects worth US$3.6 billion, and Japan with 740 projects worth US$3.26 billion. The real estate sector has attracted the biggest amount of FDI, accounting for 35.36%, followed by manufacturing and processing with 32.74%, education with … [Read more...] about Singapore biggest foreign investor in HCMC
S.Korea to replace Japan as Vietnam’s biggest foreign investor in 2014: newspaper
South Korea has overtaken Japan as the biggest foreign investor in Vietnam in the first eight months of this year, and it is likely to retain the position for the entire year, a trade newspaper reported Tuesday. Cong Thuong (Industry and Trade) newspaper said, citing data from the Foreign Investment Agency under the Ministry of Planning and Investment. South Korea topped the list of foreign investors, with total investment of $3.22 billion for its Vietnam projects, accounting for 31.5 percent of the eight-month FDI inflow. Japan - Vietnam's largest foreign investor in 2013 - fell to second place, with $1.27 billion worth of newly, and additionally, registered capital. In both 2012 and 2013, South Korea was the third largest foreign investor, behind Singapore and Japan, despite efforts to fortify its presence in Vietnam, according to Cong Thuong. As of the end of last month, South Korean businesses were operating 3,930 projects collectively worth $32.84 billion in the … [Read more...] about S.Korea to replace Japan as Vietnam’s biggest foreign investor in 2014: newspaper
Vietnam hailed as largest foreign investor in Laos
Viet Nam has topped the list of foreign investors in Laos in the first months of the 2009 fiscal year with a total capital of US$ 87.7 million, followed by Thailand with $48.8 million and China with $9.2 million. Latest statistics from Laos's Ministry of Planning and Investment show that the country has attracted 1,173 projects worth $7.1 billion from 36 countries and territories since 2001. Of them, Thailand ranked first with 207 projects worth $1.58 billion, followed by China with 285 projects worth $1.32 billion and Vietnam with 169 projects worth $811 million. Investment projects in energy account for the largest share with 42 projects worth $3,335 billion, followed by agriculture with 191 projects worth $960.1 million and mineral exploitation with 162 projects worth $763.3 million. The statistics also show that Vietnam was the largest foreign investor and with the highest number of projects in Laos in 2008, with 14 projects valued at $180.8 million. Thailand was second with seven … [Read more...] about Vietnam hailed as largest foreign investor in Laos