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Section: Business News - Overseas investment has had little impact on foreign currency reserves, the Ministry of Planning and Investment has assured National Assembly deputies who have raised concerns about Vietnamese investments abroad, particularly at a time when the country faces a shortage of foreign currency.
Questions have been raised about the US$3.2 billion project invested by the Vietnam Oil and Gas Corp (PetroVietnam) in Venezuela.
At an NA meeting in late November, Deputy Pham Thi Loan asked the Ministry of Finance and Prime Minister Nguyen Tan Dung about the investment.
NA Vice Chairman Nguyen Duc Kien said: "Under the current imbalance of payments, the Government must pay great attention to overseas investment projects." Overseas investment …