
Of the sum, 109.4 million USD was poured into 10new projects, a 2.1-fold rise year-on-year. Meanwhile, four other projects increased their capital by nearly 5.7 million USD.
Notably, Vietnamese conglomerate MasanGroup’s subsidiary The Sherpa received a licence to place 105 million USD inSingapore-based tech firm Trust IQ Pte. Ltd. The project is part of Masan'sstrategic goal by 2025 to create a consumer - retail - technology ecosystem.
Vietnamese firms invested in 10sectors abroad, including information-communications, services, wholesale and retail,health care, processing and manufacturing.
As of February 20, Vietnam counted1,617 valid overseas projects valued at more than 21.89 billion USD, with 141by State-invested firms worth some 11.67 billion USD, making up 53.3% of thetotal.
Laos, Cambodia and Venezuela lured themost Vietnamese investments, mainly in mining, and agriculture, forestry andfishery./.