Illustrative image (Source: Internet)Hanoi (VNA) – Vietnamese firms invested 183 million USD in overseasprojects in the first five months of this year, according to the ForeignInvestment Agency (FIA) under the Ministry of Planning and Investment.
Of these projects, 55 werenewly registered with a combined capital of 98.3 million USD, meanwhile 84.8million USD was added to the 14 pre-existing projects.
The majority ofVietnam’s overseas investment focused on science and technology (81.9 millionUSD), the banking sector (37.1 million USD), and the information andcommunications sector (31 million USD).
The FIA said thatduring the January-May period, Vietnamese businesses poured their capital into25 nations and territories.
With a 60-million-USDproject, Spain ranked first among these 25 nations and territories in terms ofattracting the largest share of Vietnamese investment. It was followed by theUS and Cambodia, with 44.3 million USD and 38 million USD, respectively.
To boost Vietnameseinvestment abroad, the agency was asked by enterprises to help them understandand apply the country’s official and non-official laws, mechanisms, and policesrelated to overseas investment, as well as the foreign investment attractionpolicies of recipients.–VNA
VNA
