29.08.2020, 11:28

Vietnam’s overseas investment rises sharply in August

Vietnam’s overseas investment rises sharply in August
Photo for illustration

With this, Vietnam’s investment capital abroad totaled USD330.2 million in the Jan-Aug period, a year-on-year rise of 15.8%. 

Of this, 86 projects were granted new investment certificates with a total registered capital of nearly USD218.5 million, a year-on-year rise of 21.3%, and 25 projects registered for additional capital of USD111.8 million, a year-on-year increase of 13.3%. 

Vietnamese businesses poured capital into 13 fields. Of these, the processing and manufacturing industry took the lead with 10 new projects and 6 ongoing projects increasing capital, worth USD225.7 million, accounting for 68.4% of the total overseas investment. 

It was followed by accommodation and catering services with USD39.6 million, making up nearly 13%; wholesale and retail; and information communication. 

Statistics also showed that 24 countries and territories received capital from Vietnam. Germany topped the list with 4 new projects capitalized with USD92.6 million, making up 28%. Laos ranked second with USD86.7 million, making up 26.3%. Following them were Myanmar, the US and Singapore./.