Vietnamese firms invest $278 million abroad

Aug 4th at 06:51
04-08-2019 06:51:33+07:00

Vietnamese firms invest $278 million abroad

During the period, the firms received investment licences for 90 new projects worth $180 million. They were also allowed to raise their investments in 21 underway projects by $97.3 million.

 

Spain attracted the largest share of Vietnamese investments in the seven months with $60 million, accounting for 22 per cent of the total investment. It was followed by the US with $46 million, or 16.5 per cent of the capital.

Other markets receiving Vietnamese investments were Australia with $45 million, Cambodia with $39 million and Singapore with $35 million.

From January to June, the retail sector was the most attractive sector for Vietnamese businesses in overseas countries, luring $94.3 million or equivalent to 34 per cent of total capital. The science and technology sector came next with $83.4 million or 30 per cent while the banking sector ranked third with $37 million or 13.5 per cent.

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