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Home>>Daily News>>Vietnam>>Investment>>Vietnamese overseas investment hits nearly $150 million

NEWS UPDATES Asean Affairs  March 30, 2018  


Vietnamese overseas investment hits nearly $150 million

Vietnamese businesses have invested nearly US$150 million into 28 projects abroad, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).

Accordingly, $123.6 million was pumped into 23 new projects abroad, while the rest was earmarked for five existing ones.

During the reviewed period, finance banking caught the most interest from the Vietnamese investors, accounting for 70.2 per cent of their total investments, or $105 million.

Manufacturing and processing ranked second with $19.9 million, or 13.3 per cent of the total investment capital in the period.

The other fields were retail and wholesale, with seven projects worth $8.5 million, or 8 per cent of the total as well as accommodation, dining, communications, construction, freight and storage.

From January to March, the Vietnamese businesses invested in 16 countries and territories. Among them, Laos lured the lion’s share of Vietnamese investments, with 53.5 per cent. This was followed by Cambodia, 17.3 per cent; Cuba, 13.3 per cent; and Australia, 8 per cent, the FIA noted. — VNS







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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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