Vietnamese businesses invest 474 million USD abroad

(VOVWORLD) -Vietnam’s outbound investment, including both newly-registered and adjusted capital, topped 474 million USD during the past 11 months, equivalent to 70% of the figure recorded in the corresponding period last year, reported the Ministry of Planning and Investment. 
Vietnamese businesses invest 474 million USD abroad  - ảnh 1(Photo: Investment Newspaper)

Vietnamese businesses invested abroad in a total of 14 industries throughout the reviewed period. The processing and manufacturing industry took the lead with 236 million USD, followed by real estate, mining, wholesale, and retail.

Vietnamese investments were largely channeled into 27 countries and territories, with Singapore becoming the largest recipient at nearly 79.5 million USD, followed by Laos, the United States, Germany, and the Netherlands.