Vietnamese firms invest nearly 22 billion USD abroad

15:55 | 11/05/2023 Import-Export Follow english.haiquanonline.com.vn on

There had been 1,643 Vietnamese-invested valid projects in foreign countries with a total capital of 21.93 billion USD as of late April, according to the Ministry of Planning and Investment’s Foreign Investment Agency.

Vietnamese firms invest nearly 22 billion USD abroad hinh anh 1

Vietnamese firms invest nearly 22 billion USD abroad (Photo: VNA)

There had been 1,643 Vietnamese-invested valid projects in foreign countries with a total capital of 21.93 billion USD as of late April, according to the Ministry of Planning and Investment’s Foreign Investment Agency.

Vietnamese investors poured capital into 13 sectors, in which information and communications took the lead with nearly 69% of the total, followed by the agro-forestry-fishery, processing and manufacturing, and mining sectors.

In the first four months of this year, Vietnam saw 41 new projects licensed in 20 countries and territories with a combined investment of 140 million USD, a decline of 51% compared with that of the same period last year.

Vietnamese firms invest nearly 22 billion USD abroad hinh anh 2

Illustrative image (Photo: baodautu.vn)

Investment adjustments were made at 11 projects, increasing by 13.5 million USD in capital.

Vietnam’s foreign investment consisting of both new investments and adjusted ones reached 153.5 million USD in the first four months of this year, a drop of 53.2% year-on-year./.

en.vietnamplus.vn

Tags:

Related News

EU firms’ confidence in Vietnam increases again: EuroCham

15:36 | 09/10/2023 Import-Export

The European Chamber of Commerce Vietnam (EuroCham) announced on October 9 its Business Confidence Index (BCI) for the third quarter of 2023, showing that the BCI has regained its upward trajectory in the period, which offers a glimmer of hope for the Vietnamese business environment after a turbulent year.

Vietnamese, Brazilian firms asked to work together to raise trade to 10 billion USD

14:12 | 25/09/2023 Headlines

Prime Minister Pham Minh Chinh on September 24 asked Vietnamese and Brazilian businesses to concretise cooperation mechanisms with specific programmes and projects, with an aim to bring two-way trade turnover to 10 billion USD by 2025, and 15-20 billion USD by 2030 in a more balanced direction.

Invest early to catch opportunities from the carbon credit market

12:37 | 04/09/2023 Import-Export

VCN - The carbon credit market is gradually taking shape. The early implementation of emission reduction measures will bring businesses a lot of benefits, instead of having to spend more costs for the emission balance in the future.

Expert: Vietnamese economy to continue growth track

16:01 | 29/08/2023 Import-Export

Country Director of the Friedrich Naumann Foundation for Freedom (FNF) in Vietnam Andreas Stoffers has anticipated that the Vietnamese economy will continue its growth track.

Latest News

Việt Nam set to become regional manufacturing tech hub this year

15:53 | 02/01/2025 Import-Export

Global tech giants have expressed interest in expanding operations in Việt Nam this year, making the country an important part of the global technology world.

Computers, electronics and components lead imports in 2024

15:51 | 02/01/2025 Import-Export

Most of them came from China, accounting for 32.3 per cent of the total import turnover by November 2024.

Hardware and electronics exports rebound

13:31 | 01/01/2025 Import-Export

In 2023, Việt Nam’s hardware and electronics exports reached $113.3 billion, a sharp 15.1 per cent decline from $133.6 billion in 2022. However, 2024 has witnessed a robust rebound, with export revenue surging by nearly 16.8 per cent.

Imported automobiles show a declining trend in early December

15:30 | 31/12/2024 Import-Export

VCN - The volume of completely built-up (CBU) automobiles imported into Vietnam witnessed a sharp decline in the first half of December 2024, according to preliminary statistics released by the General Department of Vietnam Customs

More News

Footwear industry set to gain $27 billion in export this year

15:29 | 31/12/2024 Import-Export

Việt Nam’s footwear and leather industry is poised to achieve US$26-27 billion in export in 2024, marking a $3 billion increase from the previous year, as they country has well capitalised on the signed free trade agreements to bolster shipment, according to the Vietnam Leather, Footwear and Handbag Association (Lefaso).

Rice export sets new record in 2024, but 2025 expected to be tough

15:28 | 31/12/2024 Import-Export

Rice exports set new records in both volume and value in 2024, but a difficult year ahead is on the cards for producers as India resumes export.

Lower steel export forces businesses to eye domestic market

15:25 | 31/12/2024 Import-Export

Exports of HRC steel in November continued to be gloomy, so the steel companies must pivot back the domestic market to increase consumption.

Industrial production maintains rapid and throughout bounceback

15:20 | 31/12/2024 Import-Export

VCN - The industrial production index in 11 months continued to recover rapidly and increase steadily in 60/63 provinces and cities, which is a good signal for the economy.

Six export commodity groups see billion-dollar growth

07:55 | 31/12/2024 Import-Export

From the beginning of the year to December 15, there were six key export commodity groups with an increase in turnover of US$1 billion or more, according to the latest statistics of the General Department of Customs.

Sustainable Green Development: New Driving Force for the Retail Industry

07:44 | 31/12/2024 Import-Export

VCN - The trend of sustainable development and circular economy opens up opportunities for the retail industry to modernize its business model, green the supply chain and promote the consumption of environmentally friendly products.

The Middle East: a promising seafood export market for Vietnam

07:43 | 31/12/2024 Import-Export

VCN - Seafood exports to the Middle East experienced double-digit growth in 2024, placing the region among the top two fastest-growing seafood import markets, second only to China.

Increasing consumption demand, steel enterprises have many opportunities

07:43 | 31/12/2024 Import-Export

VCN - Vietnam’s steel industry is benefiting from growing domestic and export demand for steel. However, moving into 2025, the industry still faces many challenges.

Sustainable opportunities for Vietnamese goods to penetrate the global market

13:54 | 30/12/2024 Import-Export

VCN - The EU market is increasingly setting stronger green standards for imported goods. This not only creates great challenges but also opens up new opportunities for Vietnamese businesses if they know how to transform. So what should businesses do to adapt and take advantage of this opportunity? Vice President of the European Chamber of Commerce in Vietnam (EuroCham) Nguyen Hai Minh (photo) said that to take advantage of this opportunity, businesses need to constantly innovate, update information, improve green production capacity and closely coordinate with management agencies as well as international partners.