Vietnam invests more than US$300 overseas over five months
VOV.VN - Vietnam's total newly and adjusted investment capital overseas reached nearly US$316.4 million during the first five months of this year, equivalent to 93.5% over the same period last year, reported the Foreign Investment Agency under the Ministry of Planning and Investment.
Of the total, 47 newly-registered projects were valued at more than US$142.7 million, representing 48.6% of the same period last year. An additional nearly US$173.7 million was added to 16 projects, nearly 3.9 times as much as the same period last year.
During the reviewed period, Vietnamese firms invested abroad in 13 industries, with wholesale and retail injecting nearly US$147.7 million. It was followed by the information and communication industry, banking and finance services, agriculture, forestry, and fishery.
There were 20 countries and territories receiving investment from Vietnam. Canada too the lead, attracting more than US$150.2 million, followed by Singapore, Laos and Cuba.
So far Vietnam has had 1,648 valid overseas investment projects valued at nearly US$22.1 billion. Its investment mainly focused on mining (31.5%), and agriculture, forestry and fishery (15.6%). Vietnam’s largest investment recipients were Laos (24.4%), Cambodia (13.3%), and Venezuela (8.3%).