Metfone, a telecommunications project of Viettel in Cambodia. (Photo: Viettel) Hanoi (VNA) – Vietnamese investors poured a total of 490.4 millionUSD in projects abroad in the first 11 months of 2020, up 6.9 percentyear-on-year, according to the Ministry of Planning and Investment’s ForeignInvestment Agency.
Of the amount, 316.4 million USD was invested in 114 newprojects, and 174 million USD was added to existing ones.
Meanwhile, as of November 20, foreign investments pouredinto Vietnam totalled 26.4 billion USD, down 16.9 percent year-on-year.Specifically, there were 2,313 new projects with total capital of 13.6 billionUSD, down 33.5 percent in the number of projects and 7.6 percent in capitalyear-on-year. Foreign investors adjusted capital for 1,051 projects with anadditional investment of 6.3 billion USD, up 7.8 percent. They also contributedcapital or purchased shares with a total capital of 6.5 billion USD, down 41.8percent.
FDI disbursement is estimated at 17.2 billion USD during January-November,a year-on-year decrease of 2.4 percent.
During this period, Vietnam reported nearly 124,300newly-established enterprises, down 1.9 percent.
The country’s index of industrial production (IIP) isestimated to rise by 3.1 percent from that of the same period last year, withmanufacturing and processing up 4.7 percent and power production anddistribution 3.2 percent./.
VNA
