Vietnam invests over US$15 billion abroad
(VOV) - Vietnamese business investments in overseas markets reached nearly US$1.3 billion in the first nine months of this year.
According to the Foreign Investment Agency, the Ministry of Planning and Investment (MPI) granted investment licenses to 66 overseas projects with a total registered capital of US$1.217 billion, 6 projects more than in the same period last year.
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By September Vietnam had 736 overseas projects worth more than US$15 billion, mostly in the field of agro-forestry (14), wholesale, retail and repair business (11), processing industry (8), and mineral exploration (8).
Vietnam has invested US$3.8 billion in Laos, US$2.6 billion in Cambodia, US$306 million in the US and US$87 million in Singapore.