Vietnamese businesses invest 277.4 million USD abroad
Vietnamese enterprises invested 277.4 million USD in 30 countries and territories in the first seven months of this year, the Ministry of Planning and Investment’s Foreign Investment Agency (FIA) said in its latest report.
People in Timor-Leste register for Viettel’s 4G SIM card. (Photo: enternews.vn)
Hanoi (VNA) - Vietnamese enterprises invested 277.4 million USD in 30countries and territories in the first seven months of this year, theMinistry of Planning and Investment’s Foreign Investment Agency (FIA) said inits latest report.
Duringthe period, the firms received investment licences for 90 new projects worth 180.1million USD. They were also allowed to raise their investment in 21underway projects by 97.3 million USD.
Spain attracted the largest share of Vietnamese investment in the sevenmonths with 59.8 million USD, accounting for 22 percent of thetotal investment. It was followed by the US with 45.7 million USD, or16.5 percent of the capital.
Othermarkets receiving Vietnamese investments were Australia with 45million USD, Cambodia with 39 million USD and Singapore with 35 millionUSD.
In thereviewed period, the retail sector was the most attractive sector forVietnamese businesses overseas markets, luring 94.3 million USD or equivalentto 34 percent of total capital. The science and technology sector camenext with 83.4 million USD or 30 percent while the banking sector rankedthird with 37 million USD or 13.5 percent.-VNA
As of August 15,2016, 1,125 Vietnamese project were granted licenses to invest abroad with a total registered capital of 20.38 billion USD, according to the Foreign Investment Agency.
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People in Timor-Leste register for Viettel’s 4G SIM card. (Photo: enternews.vn) 
