Home Economy

Vietnam invests over 458 million USD abroad in 11 months

Dec 2nd at 13:55
02-12-2019 13:55:12+07:00

Vietnam invests over 458 million USD abroad in 11 months

Vietnamese businesses invested 458.8 million USD in 31 foreign markets in the first 11 months of 2019, reported the Foreign Investment Agency under the Ministry of Planning and Investment.

In the reviewed period, 353.8 million USD was invested in 148 new projects, while 105 million USD was added to 29 underway ones.

Australia drew the highest amount of capital from Vietnam at 141.3 million USD, accounting for 30.8 percent of the total, followed by the US, Spain and Cambodia.

Retail and wholesale was the most attractive sector for Vietnamese investors in 11 months, which attracted 25.8 percent of the total capital the firms invested abroad.

Meanwhile, agro-forestry-fisheries ranked second with a 14.3 percent share, and IT came third with 13.1 percent, according to the agency.

vir

RELATED STOCK CODE (1)

NEWS SAME CATEGORY

Japanese investors find Vietnam third best destination: survey
ECONOMY Dec 2nd at 13:49

Japanese investors find Vietnam third best destination: survey

Vietnam has climbed one place this year to become the third most attractive investment destination for Japanese businesses behind India and China. 

Pork prices push November inflation to 9-year high
ECONOMY Dec 2nd at 10:29

Pork prices push November inflation to 9-year high

Rising prices of pork and processed meat raised the November consumer price index (CPI) a record 0.96 percent over the previous month.

Vietnam’s GDP seen exceeding 6.8% in 2019
ECONOMY Dec 2nd at 10:25

Vietnam’s GDP seen exceeding 6.8% in 2019

Vietnam’s gross domestic product (GDP) for this year will surpass the target of 6.8% set by the National Assembly, said Nguyen Bich Lam, head of the General...

Pork prices vs. monetary policy
ECONOMY Dec 2nd at 10:23

Pork prices vs. monetary policy

Can the prices of pork destabilize the monetary policy formulated by the central bank in Vietnam?

Visas options open up for overseas investors
ECONOMY Dec 2nd at 10:07

Visas options open up for overseas investors

Non-nationals with differing investment scales in Vietnam will be granted different visas in the country, making it more favourable for authorised agencies to apply...

Quang Binh Province develops southward with eye on investment
ECONOMY Dec 2nd at 07:53

Quang Binh Province develops southward with eye on investment

Improved infrastructure, incentive policies and natural advantages have made the central province of Quang Binh a new investment magnet.

Quang Ninh hosts VN-China trade and tourism fair
ECONOMY Dec 2nd at 07:50

Quang Ninh hosts VN-China trade and tourism fair

 A Viet Nam-China international trade and tourism fair, themed 'Co-operation expansion – Sustainable development' kicked off in Mong Cai City in the northeastern...

Pork price pushes up November CPI
ECONOMY Nov 30th at 14:07

Pork price pushes up November CPI

The Consumer Price Index (CPI) of this month increased by 0.96 per cent compared to last month, the highest level for November’s CPI in the last nine years.

Viet Nam remains promising destination for investors: JBIC
ECONOMY Nov 30th at 14:05

Viet Nam remains promising destination for investors: JBIC

A recent survey of the Japan Bank for International Cooperation (JBIC) has shown that 36.4 per cent of Japanese businesses operating overseas viewed Viet Nam as a...

Korean firms hoped to create new investment wave in Vietnam
ECONOMY Nov 29th at 13:54

Korean firms hoped to create new investment wave in Vietnam

More than 700 enterprises of Vietnam and the Republic of Korea (RoK) took part in a business forum in Seoul on November 28 that was expected to help trigger a new...

Read More

MOST READ

Back To Top