Vietnamese overseas investment hit US$508 million

Vietnamese enterprises have invested more than US$508 million abroad this year, of which, newly-registered capital of 164 projects were $403.15 million.
There were 29 times that investment projects added more investment capital for nearly VND105 million.

The wholesale and retail sector attracted most of the investments from Vietnam with total newly-registered and additional capital of $121.6 million, accounting for 23.9 percent of total investment capital. The agro-forestry-aquatic sector was the runner-up with $86.1 million, accounting for 16.9 percent of total investment capital. The science and technology sector ranked third with $70.1 million, accounting for 13.8 percent of total investment capital.

This year, among 32 countries and territories receiving investments from Vietnam, Australia alone has received $154.6 million, accounting for 30.4 percent, followed by the US with 26 projects worth $93.4 million, accounting for 18.4 percent of total investment capital.

By Anh Phuong – Translated by Thanh Nha

Other news