Business

Vietnam invests 180 million USD overseas in five months

Vietnamese enterprises injected over 180 million USD into 18 foreign markets in the first five months of this year, equivalent to 98.7 percent of the same period last year.
Vietnam invests 180 million USD overseas in five months ảnh 1People in Timor-Leste register for Viettel’s 4G SIM card. (Photo: enternews.vn)

Hanoi (VNA) – Vietnamese enterprises injected over 180 million USD into 18 foreignmarkets in the first five months of this year, equivalent to 98.7 percent ofthe same period last year.

During the period, 162 million USD was pumped into 60 new projects, nearlydouble that of last year’s period, thanks to a 91.5 million USD overseasproject from Germany’s Vonfram Masan Co., that received an investment licencein May.

Meanwhile, 19 million USD was added to 11 underway projects, down 77.8 percentyear-on-year, reported the Foreign Investment Agency under the Ministry ofPlanning and Investment.

Germany drew the highest amount of capital with four projects worth 93 millionUSD, accounting for 51.3 percent of the total. The US came next with 22 millionor 12 percent./.
VNA
#Vietnamese enterprises#Foreign Investment Agency#investment licence#Vietnamese firms overseas investment#Vietnam economy#Vietnam news agency#vietnamplus
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