First book on Vietnam’s overseas direct investment launched

Thursday, 01/06/2023 09:37
The book entitled "Vietnam's direct investment abroad and in Myanmar", the first book on Vietnam's outward investment, was launched by the Vietnam-Myanmar Friendship Association and Institute for International Investment Studies (ISC) in Hanoi on May 31.

Delegates at the launching ceremony of the book (Photo: VNA)

The book has four chapters: outward investment activities in the world; overview of Vietnam's overseas investment; Vietnam's direct investment in Myanmar; and orientations and solutions to promote Vietnam's investment overseas and in Myanmar.

It provides necessary information for Vietnamese state management agencies and business community, especially those that have been planning to invest abroad, to be more aware of the role of ODI for developing countries like Vietnam.

It also reviews Vietnam's overseas investment in the the 1999-2022 period and gives recommendations to the Government on orientations and solutions to promote the ODI in line with the country's socio-economic development strategy from now to 2030.

The appendix highlights opinions of experts and managers, analysis and assessment of the investment environment of countries that are strategic partners of Vietnam for readers' reference.

Through the book, Vietnamese businesses will have access to a lot of useful information from which they can make successful, and effective investment decisions.

There are 20 countries and territories receiving investment from Vietnam in the first 4 months of 2023. Leading is Singapore with seven new investment projects and two capital adjustment projects, with a total registered investment capital of nearly 103.3 million USD, accounting for 62.3% of total investment capital; followed by Laos, Australia, and Cuba, respectively.

Vietnamese investors have invested abroad in 13 fields. The information and communication sector leads the way, accounting for nearly 69% of the total registered capital. The agriculture, forestry and fishery ranked second, followed by processing, manufacturing, mining industries./.

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