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.
Hanoi (VNA) – Vietnamese businesses invested458.8 million USD in 31 foreign markets in the first 11 months of 2019,reported the Foreign Investment Agency under the Ministry of Planning andInvestment.
In the reviewed period, 353.8 million USD was invested in148 new projects, while 105 million USD was added to 29 underway ones.
Australia drew the highest amount of capital from Vietnam at141.3 million USD, accounting for 30.8 percent of the total, followed by theUS, Spain and Cambodia.
Retail and wholesale was the most attractive sector forVietnamese investors in 11 months, which attracted 25.8 percent of the totalcapital the firms invested abroad.
Meanwhile, agro-forestry-fisheries ranked second with a 14.3percent share, and IT came third with 13.1 percent, according to the agency./.
Vietnamese firms invested 222.48 million USD in 67 newly-licensed projects abroad in the first six months of 2018, reported the Foreign Investment Agency under the Ministry of Planning and Investment.
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Illustrative image (Source: VNA) 
