China speeds up investment in Vietnam


An upward trend has been recorded in Chinese recent investments in Vietnam, which is hoped to help fuel the industries the country has demand for such as high technology, renewables, supporting industries, electronics, and green finance. Between January and May, Chinese investors channelled 1.126 billion USD into 347 new projects, 55 existing projects, and 172 capital contribution and share purchase transactions. In 2023, Chinese investors registered 4.47 billion USD in investment capital, soaring 77.6% from the previous year. The sum was earmarked for 707 new projects, 179 existing ones, and 412 transactions of capital contribution and share purchase.

Source: Vietnam News Agency

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