April 07, 2020 22:45

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Vietnam’s overseas investment reaches US$331 million in 9 months

19:36 | 27/09/2018

Vietnamese businesses injected 331 million USD into 122 projects abroad in the first nine months of this year, the Foreign Investment Agency reported.

vietnams overseas investment reaches us 331 million in 9 months

At a Chinese-invested company in Hung Yen province

According to the agency’s statistics, US$286 million was pumped into 99 new overseas projects, while the rest was earmarked for 23 existing ones.

As per the data, finance-banking attracted the most interest from Vietnamese investors, accounting for 32% of their total, or US$106 million.

Agro-forestry-fisheries came next with US$64 million (19.2%), followed by manufacturing and processing with US$46 million (14%) and others.

Vietnamese businesses invested in 30 countries and territories in the period with Laos taking the lead with US$95.1 million or 29%. Australia came next with US$46.7 million or 14% and Slovakia was third with US$35.9 million or 11%.

Source: VNA