Arirang News (South Korea)
Korea was the number one foreign investor in Vietnam and Cambodia last year. The Hanoi and Phnom Penh offices of the Korea Trade-Investment Promotion Agency say Korean firms invested nearly US$2.7 billion in Vietnam last year - twice that of second-place Hong Kong.
Korean investment accounts for more than 34 percent of foreign investment in Vietnam. Analysts say large Korean ventures in construction and heavy industries have resulted in a rapid increase in investment.
Korea is also the biggest investor in Cambodia after receiving investment approval in oil field and city development projects worth $1 billion.
Korean investment accounts for more than 34 percent of foreign investment in Vietnam. Analysts say large Korean ventures in construction and heavy industries have resulted in a rapid increase in investment.
Korea is also the biggest investor in Cambodia after receiving investment approval in oil field and city development projects worth $1 billion.
3 comments:
If the calculation of the SK investment as per capita, SK investment in Cambodia is higher than in Vietnam.
Thanks you for clarifying this.
Very good observation, post8:18.
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