Overseas investment: Vietnam exploring new marketsBesides traditional markets like Laos, Cambodia, and Myanmar, Vietnamese companies have begun searching for new markets for overseas investment. There has been noteworthy news from the Foreign Investment Agency under the Ministry of Planning and Investment about Vietnamese companies’ overseas investments since the beginning of the year. Overseas investment yielding fruitsAfter a period of active overseas investment, Vietnamese companies have recently started reaping the benefits of their work. Most recently, Viettel announced that as of the end of 2017, it transferred $1.3 billion back to Vietnam from its overseas markets. To prepare for this flow of investment, numerous Vietnamese banks, from BIDV and VietinBank to Sacombank, MB, and SHB, have followed Vietnamese companies overseas.

Source: VietNamNet News May 14, 2018 07:07 UTC