Business

Vietnamese overseas investment hits 150 million USD

The Foreign Investment Agency said in the first four months of the year, Vietnamese firms invested nearly 150 million USD in foreign markets.
Vietnamese overseas investment hits 150 million USD ảnh 1Customers register for services of Unitel - a joint venture between Viettel Global Joint Stock Company of Viettel and Lao Asia Telecom of Laos. (Photo: baodautu.vn)
Hanoi (VNA) - The Foreign Investment Agency said in thefirst four months of the year, Vietnamese firms invested nearly 150 million USD inforeign markets.

Of the investments, 96 million USD was poured into 44 new projects while the remaining 53.5 million USD was pledged to nine existing projects.

Vietnam’s outbound investment projects mainly focused onscience and technology at 81.7 million USD, accounting for 54.7 percent of thetotal.

The banking sector took second place with total investment of 36 million USD, making up 24.1 percent. It was followed by the wholesale andretail sector with 16.4 million USD, accounting for 11 percent of total investment.

Vietnamese firms invested into 23 countries and territoriesin the period. Spain lured the biggest amount of investment from them with alarge scale project of 59.8 million USD, accounting for 40 percent of the total.

Cambodia and Malaysia followed with 37.9 million USD and 14million USD, respectively.-VNA
VNA
#Foreign Investment Agency #Vietnamese firms #Vietnam’s outbound investment projects #wholesale and retail sector #Vietnam #Vietnam news #Vietnam News Agency
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