Chinese investment into Vietnam on the sharp riseChinese investment into Vietnam has been on a sharp rise, putting the country among the top ten foreign investors in Vietnam. Cat Linh-Ha Dong urban railway project using Chinese capitalAccording to the Vietnamese Ministry of Planning and Investment, Chinese companies invested USD340 million into Vietnam in January, accounting for 22% out of the country’s total foreign direct investment (FDI) in month. This positioned China in third position among foreign investors in Vietnam in January, just behind Singapore and South Korea. The Ministry of Planning and Investment showed that more than half of Chinese FDI is poured into Vietnam’s processing and manufacturing industries. Limits should be placed on Chinese investment, particularly with respect to natural resources.
Source: VietNamNet News February 10, 2017 11:15 UTC