Investment in Vietnam - Korea is currently the largest
foreign investor in Vietnam in terms of number of investment projects.
Up to
the end of November 2017, there were 126 countries and territories with valid
investment projects in Vietnam, of which South Korea had the total registered
capital of US$ 57.5 billion (accounting for 18.1% total investment).
Vietnam is the third largest
invested country after China and the United States. Vietnam is also one of the
key partners in Korea's foreign investment strategy.
Compared to other countries
attracting South Korea's FDI such as Indonesia, Sri Lanka, Philippines,
Thailand, Cambodia, Myanmar ... Vietnam still receives the most interest from
South Korean investors.
Status of South Korea's FDI in Vietnam
South Korea has invested in most of
Vietnam's economic sectors, including the processing and manufacturing sectors,
followed by the real estate and construction sectors. The two main forms of
investment are 100% foreign capital (accounting for 95%) and joint ventures.
In the field of investment, South
Korean FDI enterprises have invested in 19 fields, of which, mainly focus on
processing industry (US$ 35 billion/3,294 projects), real estate business (US$
8.2 billion/100 projects), construction (US$ 2.7 billion/709 projects).
In terms of investment areas, South
Korean FDI enterprises have invested in 52/63 provinces, of which Bac Ninh
(nearly US$ 6.2 billion), Hanoi (US$ 5.8 billion), Dong Nai (US$ 5.5 billion),
Hai Phong (US$ 5.4 billion), Thai Nguyen (US$ 5 billion), and others.
In the form of investment, Korean
FDI enterprises mainly invested in the form of 100% FDI (4,996 projects/ US$
43.69 billion), joint ventures (541 projects / US$ 5.7 billion) and forms
other.
The reasons for huge FDI into Vietnam from South Korean enterprises
The Government of South Korea
encourages businesses to invest in Vietnam, considers Vietnam as a strategic
investment area with many advantages such as:
- Competitive labor force in the
processing, manufacturing and assembly industries.
- The potential consumption market,
with many similarities with Korean products: relatively open - accessible.
- Political stability and cultural
relations of the two countries are constantly evolving.
- Favorable geographical location.
- Competitive incentive policies.
- Others
From these reasons, Vietnam become
an ideal destination for South Korean investors.
We are proud of being top five reliable company specializing
in investment fields in Vietnam. Please contact us for inquiries via
email : info@fdi-vietnam.com or
call us directly at + 04.32020505. Our official website: fdi-vietnam.com. Let
us help your business in Vietnam
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