{"id":14498,"date":"2020-10-28T23:49:42","date_gmt":"2020-10-28T16:49:42","guid":{"rendered":"https:\/\/dongtam.mywebico.com\/?p=14498"},"modified":"2020-10-28T23:49:42","modified_gmt":"2020-10-28T16:49:42","slug":"japan-takes-top-spot-from-s-korea-as-vietnams-largest-fdi-investor","status":"publish","type":"post","link":"https:\/\/dongtam.com.vn\/en\/japan-takes-top-spot-from-s-korea-as-vietnams-largest-fdi-investor\/","title":{"rendered":"Japan takes top spot from S.Korea as Vietnam\u2019s largest FDI investor"},"content":{"rendered":"<\/p>\n
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Japan has replaced South Korea as the largest foreign country or territory investing in Vietnam as the Southeast Asian nation\u2019s multi-billion dollar projects continue to attract investment from overseas.<\/div>\n
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A woman works in a mobile phone assembly plant at the Samsung Electronics hi-tech complex in Bac Ninh Province, Vietnam.<\/div>\n
Vietnam\u2019s foreign direct investment (FDI) in the first half of 2017 totaled US$19.22 billion, according to the latest statistics from the Foreign Investment Agency under the Ministry of Planning and Investment.<\/p>\n

The figure was 54.8 percent higher than last year\u2019s, largely thanks to over $7 billion in FDI reported in June alone.<\/p>\n

Of the sum, $11.83 billion was poured into new projects, up 57.9 percent year-on-year, while $5.14 billion was added to ongoing projects, a rise of 35.8 percent from 2016.<\/p>\n

The remaining $2.24 billion came from 2,501 capital contribution and share purchase deals made by foreign investors, which saw a 97.6 hike compared to the first half of 2016.<\/p>\n

Two particular megaprojects in the energy sector played a heavy role in the remarkable FDI growth over the past six months, according to the report announced by the Foreign Investment Agency.<\/p>\n

The Nghi Son 2 thermal power plant in Thanh Hoa Province attracted over $2.79 billion in capital investment from Japan, allowing it to reclaim its place as Vietnam\u2019s largest FDI investor in the first six months of 2017.<\/p>\n

Japan invested $5.08 billion in total in Vietnam during that period, accounting for 26.45 percent of the Southeast Asian country\u2019s reported FDI over the months.<\/p>\n

South Korea was not far behind with $4.95 billion in Vietnam-directed investment, making up 25.79 percent, while Singapore ranked third at 18.1 percent with $3.48 billion in investment.<\/p>\n

The second megaproject was the Nam Dinh 1 thermal power plant in Nam Dinh Province in the Red River Delta of northern Vietnam.<\/p>\n

The $2.07 billion project was funded by a Singaporean developer.<\/p>\n

The two projects helped make energy the second most FDI-attractive sector of Vietnam in the first two quarters of 2017, having received $5.21 billion in foreign capital and accounted for 27.34 percent of Vietnam\u2019s total FDI in the period.<\/p>\n

Manufacturing continued to attract the most FDI, having contributed 49.3 percent to the country\u2019s total FDI in 2017\u2019s first half with $9.48 billion in foreign investment.<\/p>\n

Since the beginning of this year, $7.72 in FDI has been disbursed, up 6.5 percent from last year, according to the Ministry of Planning and Investment.<\/p>\n

According to Tuoitrenews.vn<\/strong><\/em><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Japan has replaced South Korea as the largest foreign country or territory investing in Vietnam as the Southeast Asian nation\u2019s multi-billion dollar projects continue to attract investment from overseas. A woman works in a mobile phone assembly plant at the Samsung Electronics hi-tech complex in Bac Ninh Province, Vietnam. Vietnam\u2019s foreign direct investment (FDI) in […]<\/p>\n","protected":false},"author":12,"featured_media":13494,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[734],"tags":[],"class_list":["post-14498","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/posts\/14498"}],"collection":[{"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/comments?post=14498"}],"version-history":[{"count":1,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/posts\/14498\/revisions"}],"predecessor-version":[{"id":15334,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/posts\/14498\/revisions\/15334"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/media\/13494"}],"wp:attachment":[{"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/media?parent=14498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/categories?post=14498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/tags?post=14498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}