Photo for illustration (Photo: diendandoanhnghiep.vn)
In relation to the figure, a total of 40 new projects received investment licenses with registered capital worth US$150.1 million, equivalent to 68.7% from the same period last year.
An additional US$424.9 million was also poured into 13 capital adjusted and added projects, marking a 3.8–fold increase from the previous year.
Most notably, Vietnamese conglomerate Vingroup registered to invest in new projects in the US with adjusted capital reaching US$300 million, while its subsidiary automaker VinFast moved to expand investment in its Germany-based project by US$32 million.
Throughout the reviewed period local investors have injected money into 20 countries and territories globally, with the US representing the top destination for Vietnamese investment with US$302.8 million, thereby accounting for 52.7% of total investment capital.
Following the US, Cambodia ranked second with the nation's investment capital of US$89.4 million, thereby accounting for 15.3% of total investment capital, followed by Laos and Canada, with capital reaching US$47.8 million and US$32.1 million, respectively.
Capital outflow was mainly poured into 13 fields, with the science and technology sector taking the lead with US$270.8 million, followed by the wholesale and retail sector with a total investment of US$150.9 million, in addition to other fields such as agro-forestry-fisheries, administrative activities, and support services.
As of August 20, the nation had recorded 1,428 valid overseas investment projects with investment capital totaling US$21.8 billion.
40,000 medical masks donated by oversea Vietnamese to HCMC
Over 40,000 N95 specialized medical masks worth over 32,000 USD, donated by the overseas Vietnamese (OV) community, have arrived in Ho Chi Minh City (HCMC) to timely support the frontliners in the fight against COVID-19.
Photo for illustration (Photo: MoH)
The donation is the result of the campaign “80,000 masks for Saigon” initiated by the “Join hands for Vietnam” group including young Vietnamese people studying and living in the US.
The face masks will be handed over to 63 hospitals and medical clinics in HCMC to better serve its pandemic prevention and control.
According to Doan Thi Minh Trang, a member of the group, the campaign has received great support from the overseas Vietnamese community in the US and many other countries with a total funding of over 100,000 USD.
Previously, the group sent 16,560 N95 medical masks to HCMC. It promises to continue buying more medical masks and transport to Vietnam as soon as possible.
Australia’s second largest wooden furniture supplier is Vietnam
The country made up the second largest supplier of wooden furniture to Australia during the first half of the year, with export turnover reaching 103.1 million USD in the reviewed period, representing a year-on-year rise of 72.1%, according to the Ministry of Industry and Trade.
Photo for illustration (Photo: baodautu.vn)
Statistics compiled by the International Trade Center (ITC) indicated that Australia’s import value of wooden furniture in June reached 138.64 million USD, marking a rise of 9.7% compared to June of last year.
During the opening half of the year, Australia’s import value of wooden furniture enjoyed an annual surge of 47.7% to 871.54 million USD.
The import proportion from the Vietnamese market accounted for 11.8% of Australia’s total import value of wooden furniture throughout the reviewed period, climbing by 1.7 percentage points compared to the same period from last year. This figure shows that there is plenty of room for the export of the product in the near future.
Australia also increased its import of wooden furniture during the six-month period, with wood-framed chairs taking the lead with turnover of 358.14 million USD, an increase of 66.3% against the same period last year.
Furthermore, the import revenue of living room and dining room furniture soared by 46.5% on-year to reach 280.7 million USD, accounting for 32.2% of the country’s total import value of wooden furniture.
Most notably, Australia mainly imports the product from China, Vietnam, Indonesia, and India./.