Vietnamese firms invest US$21.81 billion in overseas projects
VOV.VN - Vietnamese investors poured a total of US$21.81 billion into 1,420 valid projects abroad during the opening five months of the year, according to the Ministry of Planning and Investment.
Their numerous investment projects largely focus on mining and agro-forestry-fisheries sectors, with Laos, Cambodia, and Russia emerging as the top destinations for Vietnamese capital, making up the lion’s share with 23.7%, 13.1%, and 12.9%, respectively.
Total newly and additional investment capital abroad during the reviewed period reached US$546.7 million, a three-fold increase in comparison to the same period from last year.
Of the total, there were 21 projects which received investment certificates with a total registered capital of US$143.5 million, equivalent to 88.7% of the figure recorded during the same period last year.
Furthermore, local financiers adjusted investment capital for nine projects, with combined additional investment capital reaching US$403.2 million, representing an annual rise of 21.4 times.
A major part of the capital outflow, approximately US$271 million, was poured into the science and technology sector, followed by the wholesale and retail sector, the agro-forestry-fisheries sector and support services.
A total of 15 countries received investment from Vietnam during the first five months. The United States took the lead with US$302.8 million, trailed by Cambodia with US$89.1 million, Canada with US$32.08 million, and France with over US$32 million.
