Vietnamese investment overseas sees 9.5-fold rise in two months
VOV.VN - Vietnam's total overseas investment capital in the first two months of the year reached nearly US$239 million, representing a 9.5-fold rise compared to the same period last year, according to the General Statistics Office (GSO).
The GSO report released on March 6 shows US$233.6 million was registered for 30 new projects, a figure 9.4 times higher than the same period last year, while US$5.4 million was added to five existing projects, representing 24.3-fold rise.
The majority of overseas investment was channeled into the production and distribution of electricity, gas, hot water, steam, and air conditioning with US$111.2 million, accounting for 46.5% of the total investment capital.
Processing and manufacturing ranked second with US$65.6 million, making up 27.4%, followed by mining with US$41 million, accounting for 17.1% of the total.
Vietnamese investment spread across 22 countries and territories worldwide, with Laos emerging as the top destination with US$139.7 million.
The Philippines ranked second with US$34.2 million, trailed by Indonesia U$$31.1 million, the British Virgin Islands US$21 million, and Cuba US$4.0 million.
Vietnamese overseas investment soars in January
VOV.VN - Local enterprises invested a total of US$36.9 million abroad in January, representing a 11.7 fold-increase compared to the same period from last year, according to figures given by the Ministry of Planning and Investment.
