| RoK – biggest foreign investor in Vietnam |
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6/17/2010 2:44:17 PM As of April 2010, the Republic of Korea (RoK) still remains the biggest foreign investor in Vietnam with more than 2,495 projects worth US$21.99 billion, according to the statistics from the Foreign Investment Department. In the first five months of this year, the RoK had 99 new projects with a combined investment capital of US$2.214 billion and 22 old projects which increased capital by US$124 million. After Vietnam joined the World Trade Organisation and the Free Trade Agreement between ASEAN and the RoK signed in 2007, two-way trade turnover between Vietnam and the RoK increased significantly from US$7.2billion in 2008 to US$9.5 billion in 2009. According to Vietnam Commercial Office in the RoK, in the review period, two-way trade value reached US$5.6 billion, including US$1.1 billion from Vietnamese exports.
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| Vninfogate.Com |