LG Innotek is the most successful pouring project into Vietnam in the first four months

LG Innotek is the most successful pouring project into Vietnam in the first four months

According to the Foreign Investment Agency, Ministry of Planning and Investment said that in the first four months of 2018, the total registered capital of new, increased and contributed capital, purchase shares of foreign investors US $ 8.06 billion, equal to 76.1% over the same period in 2017.
In 4 months, 883 new projects were granted investment certificates with a total registered capital of 3.55 billion USD.
According to the investment field, foreign investors have invested in 17 industries, of which the manufacturing and processing sector has attracted the most attention with a total capital of 4.52 billion USD. , accounting for 56.1% of the total registered capital.

According to investment partners, 82 countries and territories have investment projects in Vietnam, of which Korea ranks first with total investment capital of $ 2.32 billion, accounting for 28.7% of total investment capital. . Japan ranked second with total registered capital of approximately $ 1.29 billion, accounting for 16% of total investment. Singapore ranked third with a total registered investment of $ 808 million, accounting for 10% of total investment.
Notably, the largest investment project is the LG Innotek factory in Hai Phong (Korea, which was granted investment license on September 1, 1616 production of camera module) adjusted to increase investment capital by 501 million USD.
Following is the project Nidec Shimpo Vietnam (Japan), a total investment capital of $ 200 million with the aim of developing, producing and trading small speed reducers with high precision in Hanoi.
Nidec Techno Motor Vietnam (Japan), with a total investment capital of US $ 200 million, aims to develop, produce and sell brushless DC electric motors in Hanoi.