Arab Today, arab today south korea tops vietnam\s fdi capital in q1
Last Updated : GMT 14:02:48
Arab Today, arab today
Arab Today, arab today

South Korea tops Vietnam\'s FDI capital in Q1

Arab Today, arab today

Arab Today, arab today South Korea tops Vietnam\'s FDI capital in Q1

Hanoi - XINHUA

South Korea ranked the first place in the list of 32 foreign direct investment (FDI) contributors of Vietnam in the first quarter (Q1) of 2014, said Foreign Investment Agency (FIA) under Vietnam's Ministry of Planning and Investment. According to FIA statistics on Thursday, during the three-month period, South Korea's newly registered and added capital to Vietnam hit 765.6 million U.S. dollars, accounting for 22.9 percent of the national's total. Japan ranked the second with total capital of 414.3 million U.S. dollars, accounting for 12.4 percent of Vietnam's total FDI registration in January-March period, said FIA. "In Vietnam, famous South Korean brands such as Samsung, LG are planning further multi-billion U.S. dollar investment projects in many more areas," Park Chang Eun, deputy director of Korea Trade- Investment Promotion Agency (KOTRA), was quoted by Bao Cong Thuong (Industry and Trade News) on Thursday as saying. South Korea's Samsung has invested some 5.7 billion U.S. dollars in Vietnam, the amount of which is expected to go up sharply in the coming future as other Samsung's projects of central Vung Ang 3 Thermal Power Plant, southern Long Thanh airport, and a shipping building factory in central Khanh Hoa province among others are realized, said Park. Park added that many retail sales corporations are seeking business opportunities in Vietnam such as Shinsegae with its 65- million U.S. dollar supermarket project in southern Ho Chi Minh City, and Lotte with the current seven trade centers in Vietnam. If calculation of cumulative FDI capital is included across Vietnam up to now, Japan topped the country's foreign investors with 35.3 billion U.S. dollars while that of South Korea stood at 30.4 billion U.S. dollars, said the newspaper. "South Korean investors may reverse the situation with large projects," said Tran Dinh Thien, director of Vietnam Institute of Economics on Bao Cong Thuong on Thursday. Thien noted that in terms of investing "manner", South Korean businessmen are usually fast at grasping opportunities to make decisions. "This is quite different from the slow but steady trend with cautious thinking of Japanese investors," assessed Thien.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today south korea tops vietnam\s fdi capital in q1 Arab Today, arab today south korea tops vietnam\s fdi capital in q1

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today south korea tops vietnam\s fdi capital in q1 Arab Today, arab today south korea tops vietnam\s fdi capital in q1

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Ryanair's O'Leary: Could ground more planes

GMT 06:49 2017 Friday ,22 September

Ryanair's O'Leary: Could ground more planes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Huthis stage defiant rally 3 years

GMT 05:29 2017 Friday ,22 September

Huthis stage defiant rally 3 years
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Youssra prepares for launching her  program

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 09:40 2017 Tuesday ,19 September

Actress Ream Hhagag prepares for a new film

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:03 2017 Thursday ,21 September

Alarm over flesh-eating ulcer cases

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday