Malaysia ranked 12th among the countries and territories investing in Vietnam in 2018 with total registered capital hitting over 435 million USD, according to the Vietnamese trade office in Malaysia.

Last year, the country pumped nearly 255 million USD into 41 new investment projects in Vietnam by the end of 2018, while its investors added over 27 million USD in total to their capital at 13 existing projects.

Malaysian investors also spent some 153 million USD buying shares in Vietnamese companies. Malaysia’s accumulated investment in Vietnam as of December 20 reached over 12 billion USD in 586 projects, ranking 8th among 129 economies investing in the country.

Two-way trade value between Vietnam and Malaysia last year expanded more than 14 per cent on a yearly basis to about 11 billion USD. — VNS