Singapore is biggest foreign investor in Vietnam
(VOVWORLD) -Singapore remained the biggest among the 51 countries and territories investing in Vietnam the first two months of this year. Its investment totaled 980 million USD, accounting for nearly 32% of total registered foreign direct investment, the Ministry of Planning and Investment said on Tuesday.
 An aerial view of the Vietnam-Singapore Industrial Park (VSIP) in Tan Uyen town, Binh Duong province. (Photo: Vu Sinh/VNA) |
Taiwan (China) ranked second with about 407 million USD and the Netherlands came third with nearly 369 million USD.
China led in the number of new investment projects in Vietnam, accounting for nearly 17%. The Republic of Korea was the leader in terms of capital adjustment and capital contribution to buy shares.
Foreign businesses invested in 39 provinces and cities nationwide. Bac Giang took the lead in FDI attraction with 824 million USD. It was followed by Ho Chi Minh City, Binh Duong, Quang Ninh, and Dong Nai province.