Vietnam: FDI rankings for 2019: South Korea top
Hanoi
January 27, 2020
Vietnam Foreign Investment Agency:
Inward FDI in 2019 (approval basis) totaled 5,264 new and expansion investments (up 21.2% year-on-year) and $ 22,476.3 million (down 14.1%).
Manufacturing and retail / wholesale / non-manufacturing investment both increased, and the number of investment approvals reached a record high.
Ranking by country / region: (See Table 2)
South Korea was the top in terms of both the number and the value of approvals, with 1,594 cases (up 7.6% from the previous year) and $ 5,249.02 million (down 12.4%).
Korea:
Racetrack development and operation ($ 420 million, Hanoi City),
Investment to expand LG Display ($ 410 million, Hai Phong)
There were diversified investments.
Hong Kong:
Both the number of cases and the amount of approval increased sharply.
Tektronic Industries’ electric manufacturing ($ 650 million, Ho Chi Minh City),
Gore-Tech Electronics Manufacturing ($ 260 million, Bac Ninh City)
China:
Tire production by Siren and US Cooper ($ 280 million, Tay Ninh Province),
Large-scale investment was seen mainly in the manufacturing industry.
-JETRO
https://www.jetro.go.jp/biznews/2020/01/50093e1acaaa3fe1.html