Vietnam invests 432 million USD abroad in 2018

Update: 09:15 | 02/01/2019

Vietnam’s total outbound investment in 2018 was estimated at 432 million USD, according to the General Statistics Office.

Among the figure, 376.2 million USD was poured into 149 new projects, while the remaining 56 million USD was pledged to existing projects.

Vietnam, total outbound investment, General Statistics Office, banking and financial sector, Vietnamese investors, Vietnam economy, Vietnam

Illustrative photo.

A breakdown of sectors shows that the banking and financial sector received the largest share of Vietnamese investment with 105.8 million USD, equivalent to 24.5 percent of the total investment, followed by 82.9 million USD in retail, wholesale and vehicle repair.

The agricultural sector received 52.3 million USD (12.1 percent) and manufacturing 52.1 million USD (12 percent).

Among the 38 countries and territories where Vietnamese investors are present, Laos was the largest recipient with 81.5 million USD, followed by Australia and the United States, which received 55.5 million USD and 53 million USD, respectively.

 

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(BGO) – The People’s Committee in the northern province of Bac Giang on October 10 held the tourism investment promotion conference 2018 in Bac Giang city. 
 
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(BGO) – Bui Van Hanh, Vice Permanent Chairman of the Bac Giang provincial People’s Council on October 4 headed a working delegation to supervise the execution of legal regulations on environmental protection (EP) for the period of 2015 – 2018 at the provincial People’s Committee.
 
Boway Corporation seeks for investment opportunity in Hiep Hoa
(BGO) -  The Chairman of Hiep Hoa district (Bac Giang province) Pham Van Thinh has recently welcomed Chief Executive Officer (CEO) of Chinese Boway Corporation Xie Shicai.
 
Bac Giang strives to lure investment to urban development
The northern province of Bac Giang has made tremendous efforts to attract investment to urban development and the building of residential areas in the province, Deputy Director of the provincial Construction Department Vi Thanh Quyen has said.
 
Bac Giang favours Australian enterprises in effective investment
(BGO) – The Chairman of Bac Giang provincial People’s Committee Nguyen Van Linh on August 13 received a delegation of Australian enterprises to visit the province to seek for the opportunity of investment cooperation in the agricultural sector.
 

Source: VNA

 
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