Private companies’ outbound investment sees explosive growth

(VOV) - Vietnam private companies’ overseas financial investment in the 10 months leading up to November expanded by US$625 million, reports the Foreign Investment Department (FID) under the Ministry of Planning and Investment.

The FID welcomed the figures as positive for medium-term economic growth expectations saying most of it was placed into businesses located in Laos, Cambodia and the US.

Of the figure, US$192.8 million was registered for deals that were in existence on January 1, 2015 while US$441.9 million was for new business ventures signed during the 10 month period.

Outward direct investment favoured mining, agri-forestry and aquaculture but also covered fields such as communications, electricity generation, real estate, finance, banking and insurance.

Mời quý độc giả theo dõi VOV.VN trên
Viết bình luận

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.