| Singapore ranks third for foreign investment in VN |
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5/16/2016 10:19:07 AM Singaporean businesses have 1,600 projects in Việt Nam, capitalised at approximately US$36.3 billion, ranking third among 114 countries and territories investing in the country, statistics from the Foreign Investment Agency (FIA) revealed. In addition to large localities which have social and infrastructure advantages such as HCM City, Hà Nội, Hải Phòng and Bình Dương, Singaporean firms have also spread their investment into others such as Nghệ An and Thái Nguyên in recent years, according to FIA. However, the southern economic hub of HCM City continued to attract the lion’s share of Singaporean investments with $9.75 billion, making up 26.7 per cent of Singapore’s total registered capital. It was followed by Hà Nội with $4.65 billion or 12.8 per cent and central Quảng Nam Province with over $4 billion or 11.3 per cent. |
| VNS |