Banking-finance takes lead in Vietnam’s foreign investment

SGGP
Banking-finance takes the lead in Vietnam’s foreign investment with US$105.7 million, accounting for 29.5 percent of the total investment capital of $357.5 million in the first 11 months this year, reported the Ministry of Planning and Investment.

Viettel group has invested in Laos

Viettel group has invested in Laos

It was followed by agricultural, forestry and seafood field with $68.4 million, processing and manufacturing with $50.9 million.
In 35 nations and territories which Vietnam have invested in, Laos attracts most with $97.6 million. Australia ranks second with 52.7 million and Slovakia ranks third with $35.9 million. At the following position is Cambodia, Cuba and Myanmar.
The Foreign Investment Department under the ministry said that 2006-2017 is the booming phase of Vietnam’s foreign investment. The country has invested in 1,188 projects in 70 nations and territories with the total registered capital of $21.4 billion as of January last year. So far, the amount has approximated $22.1 billion.


By ANH PHUONG – Translated by Hai Mien

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