23:29 (GMT +7) - Sunday 04/12/2016

Vietnam Today

Investors reaching out overseas

Released at: 11:13, 08/08/2015

Investors reaching out overseas

Vietnamese projects in 22 foreign countries with capital of $155,4 million licensed in first half.

by Hoai An

In the first six months of this year the Ministry of Planning and Investment granted investment licenses to 47 projects investing in 22 foreign countries with total registered capital of $155.4 million, according to the Foreign Investment Agency.

Laos received the highest amount of investment capital, at $53.9 million, followed by the US with $50.8 million and Germany with $26.5 million.

Myanmar saw the highest number of new projects, with eight, followed by the US with seven new and adjusted projects.

Vietnamese investment overseas focused primarily on the mining sector, with total capital of $42.5 million, representing 27.4 per cent of the total. Wholesale, retail, and the repair of automobiles, motorbikes and other vehicles followed, with 18 new and adjusted projects worth $39.3 million, representing 25.3 per cent of the total, then banking, finance and insurance, with three adjusted projects and capital of $29.5 million, accounting for 19 per cent.

User comment (0)

Send comment