Vietnam private companies’ overseas financial investment in the 10 months leading up to November expanded by US$625 million, reports the Foreign Investment Department (FID) under the Ministry of Planning and Investment.
The FID welcomed the figures as positive for medium-term economic growth expectations saying most of it was placed into businesses located in Laos, Cambodia and the US.
Of the figure, US$192.8 million was registered for deals that were in existence on January 1, 2015 while US$441.9 million was for new business ventures signed during the 10 month period.
Outward direct investment favoured mining, agri-forestry and aquaculture but also covered fields such as communications, electricity generation, real estate, finance, banking and insurance.
Other News
- Nvidia, FPT invest US$200 million in AI factory
- Vietnam starts construction of US$432 million expressway to China
- US-based Rosen Partner to invest in world-class entertainment complex projects in Vietnam
- Vietnam among top investment destinations for SEA investors
- Vietnam, China intensify cooperation on green growth, digital economy
- Foreign capital set to dominate Vietnam’s M&A landscape
- Vietnam looks to support FDI firms as global minimum tax looms
- Factors unlocking Vietnam’s potential in FDI attraction: HSBC
- Samsung to invest US$1 billion annually in Vietnam
- Opportunity at hand: Leveraging global minimum tax for FDI attraction
Trending
-
Vietnamese PM outlines five 'reinforcements' at ASEAN Future Forum
-
Vietnam news in brief - April 23
-
3,400 taels of gold purchased at the first-in-11-year auction
-
Voluntary social security should cover larger part of informal sector: Experts
-
ASEAN Future Forum 2024: Promoting regional centrality
-
Central bank moves gold auction to tomorrow
-
[Video]Hanoi beauty spots featured in saxophone legend Kenny G's music video
-
Colorful stage shows in Hoan Kiem Lake pedestrian area
-
It happened as it had to happen