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Vietnam – Korea Ranks Number 1 Among 146 FDI Partners in Vietnam

Korea Ranks Number 1 Among 146 FDI Partners in Vietnam

According to data recently announced by the Foreign Investment Agency (Ministry of Planning and Investment), total foreign investment capital registered in Vietnam in the first 6 months of the year reached nearly 15.2 billion USD, an increase of 13.1% over the same period last year. 2023.

Up to now, there are 146 countries and territories with valid investment projects in Vietnam. Among them, Korea is the leader with a total registered capital of nearly 87.5 billion USD (accounting for 18% of total investment capital). Singapore ranked second with nearly 80.2 billion USD (accounting for 16.5% of total investment capital). Next are the countries and territories of Japan, Taiwan, and Hong Kong, respectively.

According to experts, this wave of FDI may focus on high-tech fields such as electronics, semiconductors, artificial intelligence and renewable energy.

For example, Vietnam is Samsung’s leading production base, accounting for over 50% of this company’s mobile phone output worldwide. Thereby, Vietnam has developed by leaps and bounds to become a key global country producing mobile phones worldwide. At the same time, this Korean enterprise has successfully invested in Vietnam and affirms that it will continue to consider Vietnam an attractive investment destination in the future.

Experts assess that in the future, Vietnam has great potential to become a leading center for high-tech and high-value industries, driven by the transformation of the economy towards digital technology and global climate change pressures.