Illustrative image (Photo: VNA) KualaLumpur (VNA) – Malaysiaranked 12th among countries and territories investing in Vietnam in 2018 with total registered capital hitting 435.54million USD, according to the Vietnamese trade office in Malaysia.
Thecountry pumped 254.76 million USD into 41 new investment projects in Vietnamfrom the start of 2018 to December 20, while its investors added 27.47 million USD in total to their capital at13 operating projects.
Malaysian investors also spent 153.31 million USDbuying shares in Vietnamese companies.
Malaysia’s accumulated investment in Vietnam asof December 20, 2018, reached nearly 12.48 billion USD in 586 projects, ranking8th among 129 economies investing in the country.
Two-way trade value of Vietnam and Malaysia in2018 expanded more than 14 percent on a yearly basis to nearly 11.5 billion USD.
Of the volume, Vietnam’s imports from Malaysiawere worth nearly 7.45 billion USD, up more than 27 percent from 2017, whileexports dropped to around 4.05 billion USD. As such, Vietnam ran a tradedeficit of 3.4 billion USD with Malaysia in the year.
Major imports include petrol and oil, computers,electronics goods and parts, which reached over 1 billion USD.
Meanwhile, some export lines declined in the year,as computer, electronics products and parts from Vietnam experienced a sharpdrop of more than 32 percent.-VNA
Thecountry pumped 254.76 million USD into 41 new investment projects in Vietnamfrom the start of 2018 to December 20, while its investors added 27.47 million USD in total to their capital at13 operating projects.
Malaysian investors also spent 153.31 million USDbuying shares in Vietnamese companies.
Malaysia’s accumulated investment in Vietnam asof December 20, 2018, reached nearly 12.48 billion USD in 586 projects, ranking8th among 129 economies investing in the country.
Two-way trade value of Vietnam and Malaysia in2018 expanded more than 14 percent on a yearly basis to nearly 11.5 billion USD.
Of the volume, Vietnam’s imports from Malaysiawere worth nearly 7.45 billion USD, up more than 27 percent from 2017, whileexports dropped to around 4.05 billion USD. As such, Vietnam ran a tradedeficit of 3.4 billion USD with Malaysia in the year.
Major imports include petrol and oil, computers,electronics goods and parts, which reached over 1 billion USD.
Meanwhile, some export lines declined in the year,as computer, electronics products and parts from Vietnam experienced a sharpdrop of more than 32 percent.-VNA
VNA
