Vietnam invests in 34 overseas projects till AprilVietnamese businesses invested US$129 million in 34 new overseas projects in the first four months of this year, statistics from the Ministry of Planning and Investment revealed. — Photo baodautu.vnDuring the reviewed period, the firms also added $24.6 million into existing projects abroad, according to the data. Finance and banking topped Viet Nam’s overseas investments with the total new and additional capital reaching $105 million, accounting for 68.3 per cent of total investment capital abroad. The flow of Vietnamese overseas investment is likely to increase more significantly in the time to come, said Dang Phuong Linh from the Viet Nam University of Commerce. Promoting investment and providing domestic firms with effective information about overseas investment should also be included, she said.

Source: VietNamNet News May 15, 2018 04:41 UTC