Sunday, June 1, 2025 9:50:15 PM - Markets open
VN-INDEX 1,332.60 -9.26/-0.69%
HNX-INDEX 223.22 -1.08/-0.48%
UPCOM-INDEX 98.49 -0.13/-0.13%
Việt Nam invests over US$316 million abroad in five months
Vietnam News - 5/30/2023 3:25:59 PM
 (0 ratings. You must sign in to rate.)
 Việt Nam invested nearly US$316.4 million abroad in the first five months of this year, equivalent to 93.5 per cent of the figure recorded in the same period last year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
 
Of the total, $142.7 million was poured into 47 new projects, or 48.6 per cent of the figure in the corresponding period in 2022 while $173.7 million was added to 16 underway ones, nearly four times the figure of last year's first five months.
 
Vietnamese investors abroad invested in 13 sectors, especially retail and wholesale, information and communications, finance, banking, and agro-forestry-fisheries.
 
In the January-May period, Vietnamese investments landed in 20 countries and territories, led by Canada with one new and one expanded project worth over $150.2 million. It was followed by Singapore, Laos, and Cuba.
 
 
The agency said that as of May 20, Việt Nam had operated 1,648 valid projects abroad with combined investment of nearly $22.1 billion, including 141 by State-owned enterprises worth $11.67 billion, accounting for 52.8 per cent of the country’s total.
 
Vietnamese investment abroad is mostly in mining (31.5 per cent) and agro-forestry-fisheries (15.6 per cent).
 
Leading destinations for Vietnamese investors have so far been Laos (24.4 per cent), Cambodia (13.3 per cent), and Venezuela (8.3 per cent). — VNS
 
Read original article here
Newer News
31/05 Now or never: Việt Nam’s window to build a self-reliant, resilient economy
27/05 Foreign direct investment continues to pour into Việt Nam
27/05 Maritime transport maintains strong growth
26/05 Việt Nam offers investment potential amid global uncertainty
26/05 Enhancing presence of Vietnamese goods in ASEAN market is essential
20/05 Credit growth in HCM City hits $155b in first four months
16/05 Việt Nam’s plan to cut US car tariffs faces limited short-term impact
16/05 Việt Nam’s auto market gains momentum in early 2025
13/05 2025 FTA negotiation plan to be submitted in May
09/05 Fuel prices cut again
Older News
30/05 Việt Nam is South Korea's 4th largest rubber supplier
23/05 Timber exporters face a sharp decline in orders
19/05 FDI sector posts trade surplus of over US$14 billion in four months
19/05 PM urges solutions to prevent electricity shortage during summer peak
14/05 Up to 551 million poultry heads raised for meat, eggs across Vietnam
11/05 Meat producers forecast to see more positive results
11/05 EVN proposes to prioritise coal supply for power production
09/05 Disbursement of public investment capital slows in 4 months of 2023
09/05 Ministry urges assessment over proposal to lift the ceiling prices of air tickets
04/05 Việt Nam promotes supporting industry to participate in large supply chains
 
Newsletter Signup
Top Stories
Profit-taking pressure grows as market retreats
Open-end funds keep attracting capital inflows
Stock market upgrade expected by September
Stock market starts off May on a positive note as key stocks gain post-holiday
Việt Nam to launch KRX trading system on May 5
Market Update
Last updated at 3:46:08 PM
VN-INDEX 1,332.60 -9.26/-0.69%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.