State-owned companies’ outward investments yield few profitsVietNamNet Bridge - State-owned corporations have spent big money on outward investment projects, but have seen few profits. PetroVietnam topped the list of investors in terms of capital, amounting to 53 percent of outward investment capital. The other big investors include the Vietnam Rubber Group (VRG) with $1.412 billion and Vinacomin which has many mining projects overseas. The profit Vietnam gained was just equal to 2 percent of the investment capital. The profit Vietnam gained was just equal to 2 percent of the investment capital.

Source: VietNamNet News May 21, 2018 05:37 UTC