Vietnam pours 136 million USD to projects abroad in five months

Vietnamese enterprises pumped more than 136 million USD of total investment into new projects and to supplement capital in ventures abroad in the first five months, equivalent to 43% of the figure seen in the same period last year.

A project of Vietnam's enterprise in Laos. (Photo: thoibaonganhang.vn)

From January to May, Vietnamese enterprises made outbound investments in 16 sectors, mostly focusing on mining, accounting for 43.1% of the total capital, followed by manufacturing and processing industry (23.9%); and trading and retail (8.3%).

Sixteen countries and territories received Vietnamese investment during the period. Of them, the Netherlands took the lead, accounting for 40.1%. Laos came second, holding 36.8%, followed by the US and New Zealand.

As of May 20, Vietnam had 1,733 operational projects abroad with a total investment of over 22.25 billion USD.

The majority of its overseas investments came towards to mining sector, 31.6%, and the agro-forestry-fishery sector, 15.6%.

Countries with the largest investment from Vietnam were Laos (24.8%), Cambodia (13.1%) and Venezuela (8.2%)./.

VNA