Vietnamese Firms Invest US$7.2B Abroad in 2009
Vietnamese companies invested US$7.2 billion into 457 projects in 50 countries and territories this year, surpassing 43% of the full-year target.
Local businesses have boosted their investment in new markets like Latin America, East Europe and Africa, besides traditional ones of Laos, Cambodia and Russia.
In 2010, Vietnamese businesses plan to move their markets into Cambodia in stead of Laos.
The Vietnamese prime minister has approved an overseas investment promotion project which is considered an important legal foundation to boost the country’s oversea investment in the coming times.
Vietnam estimates a total pledged FDI of US$21.48 billion this year, down 70% from a year earlier, the Ministry of Planning and Investment said. (VOV)
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