Thu, 07 Dec 2023

HANOI, Oct. 2 (Xinhua) -- Vietnamese investors poured 416.8 million U.S. dollars into 14 sectors abroad in the first nine months of this year, posting a year-on-year increase of 4.6 percent, local media reported Monday.

Wholesale and retail sector recorded the biggest overseas investment from Vietnam with nearly 150.64 million dollars, accounting for 36.1 percent of the total, Vietnam News Agency reported, citing Foreign Investment Agency under the Ministry of Planning and Investment.

Over 244.8 million dollars was registered for 84 new projects, equivalent to 70.5 percent of the value compared to the same period last year, while more than 171.96 million dollars were added to 18 existing projects, surging 3.38-fold.

Twenty-four countries and territories recorded Vietnamese investments during this period. Canada took the lead with over 150.2 million dollars, which was followed by Singapore, Laos, and Cuba.

As of Sept. 20, Vietnam had 1,667 valid overseas investment projects with combined capital of nearly 22.1 billion dollars.

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