Vietnamese firms poured 460 million USD into 177 projects abroad in the first 11 months, reported the Foreign Investment Agency under the Ministry of Planning and Investment.
Of the total, 148 new projects attracted 354 million USD worth of Vietnamese investment while the remainder came from 29 which raised their capital by nearly 105 million USD.
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Viettel Global is among firms successfully operating abroad.
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Most of the overseas investment focused on wholesale and retail at 118 million USD, 26 percent of the total.
Agro-forestry-fishery and science and technology were the runners-up with 66 million USD and 60 million USD, respectively.
Vietnamese firms invested in 31 countries and territories in the period. Australia lured the lion's share of investments with 141.3 million USD, over a third of the total. The US came next with 93.4 million USD, or 21 percent.
Other destinations for Vietnamese investments included Spain, Cambodia, Singapore and Canada.
Vietnam promotes trade exchange and investment at SIPA 2019
Vietnamese Trade Counsellor to Algeria Hoang Duc Nhuan attended and promoted trade exchange and investment with Oran businesses in particular and Algerian firms as a whole at the eighth International Fair for Fisheries and Aquaculture (SIPA 2019), which opened in the Algerian city on November 6.
Yen The promotes investment in agriculture-tourism development and consumption of hill chickens
(BGO)
- On October 26, the People's Committee of Yen The district held a conference
to promote investment in agriculture and tourism development and consumption of
Yen The hill chickens in 2019. Attending the event were Nguyen Xuan Cuong, member
of the Central Party Committee, Minister of Agriculture and Rural Development; and
Bui Van Hai, member of the Central Party Committee, Secretary of the provincial
Party Committee, and Chairman of the provincial People's Council.
Source: VNA
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