Friday, April 26, 2024
name of Prensa Latina
Bandera inglesa
English Edition
Search
Close this search box.
name of Prensa Latina

NEWS

NEWS

Vietnam’s investments abroad increase remarkably

Hanoi, May 11 (Prensa Latina) Vietnam invested 546 million dollars in foreign projects in the first four months of 2021, almost eight times more than in the same period in 2020, the Ministry of Planning and Investment reported.

Of that sum, 142.8 million dollars went to 18 new projects, while nine others that were under implementation received 403.2 million dollars.

The United States was significantly the main destination for Vietnam’s investments, with more than half of the total (302.3 million dollars), followed by Cambodia (89.1 million). The rest of the money was basically distributed among France, Canada, Germany and the Netherlands.

By sector, most of the capital supported scientific and technological projects (270.8 million dollars) and wholesale and retail trade (147.8 million dollars).

jg/abo/mem/asg

LATEST NEWS
RELATED