Vietnam eager to expand oversea investment
Vietnam’s oversea investment strategy has targeted to its traditional
markets including shared border countries, ASEAN countries, Russia
while making first moves into new markets in Eastern Europe, Latin
America and Africa..
Vietnam’s oversea investment strategy has targeted to its traditional
markets including shared border countries, ASEAN countries, Russia while making first moves into new markets in Eastern Europe, Latin
America and Africa, said Investment and Planning Vice Minister Dao
Quang Thu.
Vietnam’s oversea investment is on upward trend and focuses on oil and gas, hydro power, natural resources, telecommunications and industrial tree planting, Vice Minister Thu said in an interview with VNA.
Up to date, Vietnam’s registered capital for oversea investment is estimated at about 16.6 billion USD and 4 billion USD implementation capital
The Government has urged Vietnamese investors to put their money into oversea projects which help promote domestic production, services and exports, added Thu.
According to Thu, to lure more investors, the government will update market information on politic climate or investment environment to Vietnamese businesses, while simplifying administrative procedures for investors.-VNA
Vietnam’s oversea investment is on upward trend and focuses on oil and gas, hydro power, natural resources, telecommunications and industrial tree planting, Vice Minister Thu said in an interview with VNA.
Up to date, Vietnam’s registered capital for oversea investment is estimated at about 16.6 billion USD and 4 billion USD implementation capital
The Government has urged Vietnamese investors to put their money into oversea projects which help promote domestic production, services and exports, added Thu.
According to Thu, to lure more investors, the government will update market information on politic climate or investment environment to Vietnamese businesses, while simplifying administrative procedures for investors.-VNA
You should also see
Dien Bien soldiers, youth volunteers meet in Hanoi
Nearly 300 soldiers and youth volunteers directly engaging in the Dien Bien Phu campaign 70 years ago looked back on the 56-day battle, the victory of which led to the signing of the Geneva Accords on ending the war and restoring peace in Indochina, at a meeting in Hanoi on April 23.
See more
Business
Lao Cai province calls for more Japanese investments
The advantages and potential of Vietnam’s northern border province of Lao Cai were introduced to Japanese firms at an investment and tourism promotion conference in Tokyo on April 23.
Business
Vietnam’s economy shows gradual recovery: WB’s report
Vietnam's economy is showing mixed signs of recovery in early 2024, with growth forecast to reach 5.5% in 2024 and gradually rise to 6.0% by 2025, according to the latest World Bank Taking Stock bi-annual economic update released on April 23.
Business
Tra fish export to UAE jumps 67% in Q1
Vietnam’s tra fish export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year, statistics of the General Department of Customs showed.
Business
Central bank successfully auctions 3,400 taels of SJC-branded gold bars
The State Bank of Vietnam (SBV) released the outcome of the gold bullion auction on April 23, with two winning bidders securing 34 lots, equivalent to 3,400 taels of SJC-branded gold bars.
Business
Masan completes 250-million-USD investment deal with Bain Capital
Masan Group Corporation on April 23 announced that it has completed the mobilisation of 250 billion USD from Bain Capital, a leading global private investment firm with assets worth 180 billion USD under management.
