Vietnamese enterprises invest in 42 new projects abroad

Tuesday, 28/05/2024 17:00
Vietnam’s total investment capital abroad reached 136.07 million USD from the beginning of the year to May 20, equivalent to to 43% over the same period, according to the General Statistics of Office (GSO).
Mining industries account for 31.6% of Vietnam’s total investment capital abroad. (Photo:

In the first five months of 2024, Vietnamese investors invested in 42 new projects abroad in 16 sectors, mostly focusing on mining, accounting for 43.1% of the capital so far this year, followed by manufacturing and processing industry (23.9%); and trading and retail (8.3%).

As many as sixteen countries and territories received Vietnamese investment during the period. Of them, the Netherlands attracted the most investment capital from Vietnam, accounting for 40.1%. It was followed by Laos (36.8%), the US (5.6%) and New Zealand (4.3%).

As of May 20, Vietnam had 1,733 valid overseas investment projects with a total investment capital of more than 22.25 billion USD.

The country’s overseas investment mainly focused on mining industries (31.6%); agriculture, forestry and fisheries (15.6%).

Countries receiving the most investment from Vietnam are Laos (24.8%), Cambodia (13.1%) and Venezuela (8.2%)./.