Domestic businesses invest in 34 overseas projects in 4 months
VOV.VN - Thirty-four projects with a total capital of US$129 million have been granted investment licenses abroad during the first four months of the year, according to the Ministry of Planning and Investment (MOPI).
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| Unitel, the joint venture between Viettel and Lao Asia Telecom |
Finance and banking topped Vietnam’s overseas investments with the total of new and additional capital reaching US$105 million, accounting for 68.3% of total investment capital abroad. The processing and manufacturing industries came second with 13.2%, followed by the retail and wholesale sector and other fields.
The MOIP reported that Vietnamese businesses have invested in 19 countries and territories, of which Laos ranked first with US$80.12 million, trailed by Cambodia (US$25.9 million) and Cuba (US$19.9 million).
