Vietnam’s new overseas investment capital increases
HCMC – Vietnam’s new overseas investment capital increased sharply in the first 10 months of the year, showed data from the General Statistics of Vietnam. There were 90 Vietnamese-invested projects licensed abroad, with total capital of US$390.1 million, 1.8 times higher than the same period last
State-run firms incur huge losses from overseas projects
HCMC – Thirty projects invested overseas by State-run enterprises racked up total losses of US$335.5 million in 2021, up 42% year-on-year. Among them, eight projects in telecommunications made a combined loss of US$293.3 million due to foreign exchange rates and high fees and taxes. The Vietnamese