Home Economy

Vietnam invests over 500 million USD abroad in 2019

Dec 27th at 13:36
27-12-2019 13:36:17+07:00

Vietnam invests over 500 million USD abroad in 2019

Vietnam’s total investment abroad was estimated at 508.14 million USD in 2019, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

The amount included 403.15 million USD worth of newly registered capital invested in 164 new projects and 105 million USD worth of additional capital poured into 29 existing projects.

Wholesale and retail led Vietnam’s investment abroad with newly registered and additional capital of 121.6 million USD, making up 23.9 percent of the country’s total investment.

The agriculture, forestry and aquatic sector ranked second with 86.1 million USD, accounting for 16.9 percent of the total investment abroad.

Vietnam has invested in 32 countries and territories. Australia is the largest investment destination of Vietnam with 154.6 million USD, occupying 30.4 percent of Vietnam’s total overseas investment.

The US came second with 26 projects worth 93.4 million USD, making up 18.4 percent of the total investment. It was followed by Cambodia, Spain, Singapore and Canada.

vir

RELATED STOCK CODE (1)

NEWS SAME CATEGORY

RoK tops foreign investors in Vietnam in 2019
ECONOMY Dec 27th at 13:35

RoK tops foreign investors in Vietnam in 2019

The Republic of Korea (RoK) is the leading foreign investor in Vietnam in 2019, pouring 7.92 billion USD into the country, accounting for over one fifth of the...

Viet Nam’s FDI capital hits 10-year record in 2019
ECONOMY Dec 27th at 10:22

Viet Nam’s FDI capital hits 10-year record in 2019

Foreign direct investment (FDI) pledged to Viet Nam surpassed US$38 billion this year, marking a 10-year high and representing a year-on-year increase of 7.2 per...

Foreign investment highest in 10 years
ECONOMY Dec 27th at 09:32

Foreign investment highest in 10 years

Pledged foreign investment in Vietnam had reached US$38.02 billion in the year to December 20, the highest in the past decade, according to the Foreign Investment...

FDI inflow makes new 10-year record in 2019
ECONOMY Dec 27th at 09:21

FDI inflow makes new 10-year record in 2019

Total inflows of foreign direct investment (FDI) into Vietnam amounted to 38.02 billion USD this year to December 20, a 10-year high, according to the Foreign...

Free trade signings stimulate success
ECONOMY Dec 27th at 09:18

Free trade signings stimulate success

Fuelled by its positive performance in 2019, Vietnam is expected to continue witnessing high growth in the year to come, Michael Mugliston and Milton Churche...

Inflation to remain below 4 per cent in 2020: officials
ECONOMY Dec 26th at 13:20

Inflation to remain below 4 per cent in 2020: officials

Inflation for the next 12 months is expected to remain lower than 4 per cent, just like it has over the past three years.

Vietnam to see trade surplus for fourth straight year
ECONOMY Dec 26th at 09:00

Vietnam to see trade surplus for fourth straight year

Vietnam posted a trade surplus of over US$9.1 billion between January and November, compared with the year-ago figure of US$7.58 billion. Given the current pace...

GDP growth estimated at over 7%, inflation below 3%: Deputy PM
ECONOMY Dec 26th at 08:58

GDP growth estimated at over 7%, inflation below 3%: Deputy PM

Vietnam's 2019 gross domestic product (GDP) is projected to expand by more than 7% from one year earlier, while inflation is seen below 3%, said Deputy Prime...

S.Korean investor eyes five-star hotel project in Binh Dinh
ECONOMY Dec 26th at 08:56

S.Korean investor eyes five-star hotel project in Binh Dinh

South Korean firm Hana E&C Co., Ltd. intends to build a five-star hotel at a prime location in the south-central province of Binh Dinh. This site was previously...

Another bites the dust in e-commerce
ECONOMY Dec 26th at 08:51

Another bites the dust in e-commerce

The local e-commerce market is proving tougher than imagined by most as players drop out of the race left and right, while others are hanging on by a fingernail.

Read More

MOST READ

Back To Top