So far, Vietnam has launched 153 projects in 33 countries and territories, totally capitalised at US$655.3 million, of which US$15.3 million has been disbursed.
Laos takes the lead in attracting Vietnamese investment worth US$364 million. Notably, Vietnamese investment in Laos has increased rapidly in recent times after the two sides agreed to conduct joint co-operation projects to develop infrastructure facilities, energy and material supply areas.
Other recipients of Vietnamese investment include Iraq (US$100), Russia (US$38 million), Algeria (US$35 million), and Malaysia, Singapore and Cambodia (US$18-30 million).
Vietnamese investment abroad is focused on oil and gas exploitation with US$161 million, heavy industry (US$289 million), agriculture (US$81 million) and services (US$67.9 million).
Enterprises said that legal corridors should be completed to expand the country’s overseas investment. To date, Vietnam has not yet established an agency in charge of supporting enterprises investing abroad.
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