At a meeting with Ho Chi Minh City enterprises on October 3, President of the National Assembly of People’s Power and President of the Council of the State of Cuba Esteban Lazo Hernández stressed that Vietnam is not only a crucial partner in Asia but also one of leading investors of Cuba.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
According to the Foreign Investment Agency, as of April 30, Vietnam had run 252 investment projects in the US, with a total capital of 1.36 billion USD.
Vietnamese enterprises pumped more than 136 million USD of total investment into new projects and to supplement capital in ventures abroad in the first five months, equivalent to 43% of the figure seen in the same period last year.
Overseas investment by Vietnamese firms is growing and can surpass 1 billion USD per year in the future, from about 700 million USD at present, said Chairman of the Vietnam Association of Foreign Invested Enterprises Nguyen Mai.
Vietnamese enterprises have invested over 347.3 million USD in 80 new projects in the first nine months of 2022, rising 2.31-fold year on year, according to the Ministry of Planning and Investment (MPI).
The Vietnamese Government is always ready to create the best conditions for and stand side-by-side with European firms operating in the country, while wishing that EU countries facilitate Vietnamese investments in fields that Europe has demand for, thus fostering balanced and long-term win-win trade and investment cooperation, Prime Minister Pham Minh Chinh has said.
Vietnamese firms poured 460 million USD into 177 projects abroad in the first 11 months, reported the Foreign Investment Agency under the Ministry of Planning and Investment.
Vietnamese businesses have invested nearly 440 million USD abroad since the beginning of this year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
Vietnamese enterprises invested 277.4 million USD in 30 countries and territories in the first seven months of this year, the Ministry of Planning and Investment’s Foreign Investment Agency (FIA) said in its latest report.
Both Prime Minister Nguyen Xuan Phuc and Brazilian Foreign Minister Aloysio Nunes Ferreira have expressed their hope that more and more Vietnamese and Brazilian would invest in each other’s countries.
As of January 2017, Vietnam had channeled almost 21.4 billion USD into 1,188 projects across 70 countries and territories, an official from the Ministry of Planning and Investment has said.
