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
vietnam invests over 458 million usd abroad in 11 months

Illustrative image

In the reviewed period, 353.8 million USD was invested in 148 new projects, while 105 million USD was added to 29 underway ones.

Australia drew the highest amount of capital from Vietnam at 141.3 million USD, accounting for 30.8 percent of the total, followed by the US, Spain and Cambodia.

Retail and wholesale was the most attractive sector for Vietnamese investors in 11 months, which attracted 25.8 percent of the total capital the firms invested abroad.

Meanwhile, agro-forestry-fisheries ranked second with a 14.3 percent share, and IT came third with 13.1 percent, according to the agency.

Source: VNA

Related News

Vietnam and Japan promote cooperation

Vietnam and Japan promote cooperation

VCN - On August 28, Deputy Prime Minister and Minister of Finance Ho Duc Phoc had a working session with the Japanese Senate delegation led by Mr. Nakanishi Yusuke, Senator of the Liberal Democratic Party.
Close cooperation between Vietnam and the EU in sustainable development

Close cooperation between Vietnam and the EU in sustainable development

VCN - EuroCham will closely collaborate and share experiences with various sectors in Vietnam to promote green economic development and sustainable growth.
Green energy goals still face many challenges

Green energy goals still face many challenges

VCN - Green development, energy transition, and emission reduction are inevitable trends that Vietnam cannot stand aside. This is also an opportunity to develop and restructure the economy towards green, clean, and sustainable. However, green energy transition in Vietnam still faces many challenges. Dr. Vo Tri Thanh, Director of the Institute for Brand Strategy and Competitiveness, shared about this issue.
EU proposes to change maximum residue levels in many agricultural products of Vietnam

EU proposes to change maximum residue levels in many agricultural products of Vietnam

VCN - The Vietnam Sanitary and Phytosaniary Notification Authority and Enquiry Point (Vietnam SPS Office for short) has just received a notice from the Secretariat of the World Trade Organization (WTO) SPS Committee on the European Union (EU) seeking opinions from WTO members on draft SPS measure notifications.

Latest News

Frozen durian - new growth potential for durian industry

Frozen durian - new growth potential for durian industry

VCN - The official export of frozen durian to China will help optimize raw material sources for businesses, stabilize prices and increase the export value of this fruit from Vietnam.
Vietnam’s frozen durian exports to China could reach 300 mln USD in 2024: Official

Vietnam’s frozen durian exports to China could reach 300 mln USD in 2024: Official

Vietnam could earn 300 million USD from shipping frozen durian to China on the back of the signed protocol on plant quarantine requirements for the product between the two sides, Director of the Plant Protection Department (PPD) under the Ministry of Agriculture and Rural Development Huynh Tan Dat said on September 19.
US Commerce Department announces preliminary anti-dumping review results for Vietnamese catfish exports

US Commerce Department announces preliminary anti-dumping review results for Vietnamese catfish exports

The US Department of Commerce (DOC) has released the preliminary results of its 20th administrative review (POR 20) of the antidumping duty order on certain frozen fish fillets exported from Vietnam to the US for the period between August 1, 2022, and July 31, 2023.
Textile and garment industry perseveres in overcoming difficulties and seizing opportunities from the market

Textile and garment industry perseveres in overcoming difficulties and seizing opportunities from the market

VCN - In recent months, Vietnam's textile and garment exports have witnessed a strong recovery. However, along with opportunities, this top export industry in the country is facing many challenges from new, strict market requirements.

More News

Trade in goods in the second half of August increases over US$ 5 billion

Trade in goods in the second half of August increases over US$ 5 billion

VCN – The total trade in goods in the second half of August increased by 15.5% to US$ 38.02 billion compared to the first half of the month.
Bac Lieu plans to become renewable energy export hub

Bac Lieu plans to become renewable energy export hub

Deputy Prime Minister Tran Hong Ha has signed off a development plan for the Mekong Delta province of Bac Lieu that will cost 16-18 billion USD from now until 2030.
Vietnamese premium rice enters Canadian market

Vietnamese premium rice enters Canadian market

KD Trading, a logistic company run by two Vietnamese-Canadians, has become the sole partner to distribute ST25 rice (Mr. Cua's rice) in the Canadian market.
Logistics industry faces green transition imperatives

Logistics industry faces green transition imperatives

VCN - The logistics industry is among those most profoundly impacted by the burgeoning trend of green transition. However, whether this transition manifests as a pressure or a catalyst for growth depends on how businesses approach and implement it.
How are imported seafood products transferred to domestic consumption quarantined?

How are imported seafood products transferred to domestic consumption quarantined?

VCN - Enterprises importing aquatic raw materials for export production or processing for export transferred to domestic consumption encounter difficulties in implementing quarantine.
Steel stocks chill as weak demand sends a shiver through the industry

Steel stocks chill as weak demand sends a shiver through the industry

A significant recovery may be expected in 2025, leading to swift movements of funds within this sector.
Vietnam

Vietnam's seafood exports continue recovery

Vietnam saw a gradual recovery of seafood exports during the first eight months of this year, both in terms of demand and price.
Vietnam-China trade turnover hits nearly 130.8 billion USD

Vietnam-China trade turnover hits nearly 130.8 billion USD

The import-export turnover between Vietnam and China reached nearly 130.8 billion USD in the first eight months of this year, according to the latest statistics from the General Department of Customs.
Many good signals for businesses to accelerate seafood exports

Many good signals for businesses to accelerate seafood exports

VCN - Seafood exports in the first 8 months brought in nearly US$6.3 billion. With many advantages from the market and the dynamism of businesses, seafood exports are expected to increase compared to last year.
Read More

Your care

Latest Most read
Frozen durian - new growth potential for durian industry

Frozen durian - new growth potential for durian industry

VCN - The official export of frozen durian to China will help optimize raw material sources for businesses, stabilize prices and increase the export value of this fruit from Vietnam.
Vietnam’s frozen durian exports to China could reach 300 mln USD in 2024: Official

Vietnam’s frozen durian exports to China could reach 300 mln USD in 2024: Official

Vietnam could earn 300 million USD from shipping frozen durian to China on the back of the signed protocol on plant quarantine requirements for the product between the two sides, Director of the Plant Protection Department (PPD) under the Ministry of Agriculture and Rural Development Huynh Tan Dat said on September 19.
US Commerce Department announces preliminary anti-dumping review results for Vietnamese catfish exports

US Commerce Department announces preliminary anti-dumping review results for Vietnamese catfish exports

The US Department of Commerce (DOC) has released the preliminary results of its 20th administrative review (POR 20) of the antidumping duty order on certain frozen fish fillets exported from Vietnam to the US for the period between August 1, 2022, and July 31, 2023.
Textile and garment industry perseveres in overcoming difficulties and seizing opportunities from the market

Textile and garment industry perseveres in overcoming difficulties and seizing opportunities from the market

In recent months, Vietnam's textile and garment exports have witnessed a strong recovery.
Trade in goods in the second half of August increases over US$ 5 billion

Trade in goods in the second half of August increases over US$ 5 billion

VCN - The positive results in the second half of August rose the total trade in goods of the whole country in the month to US$ 512.31 billion, up 17% year-on-year.
Mobile Version