Vietnam’s overseas investment reached over 211.45 million USD in the first quarter of 2022, equivalent to nearly 37 percent of that reported in the same period last year, according to the Ministry of Planning and Investment.
A cooperation agreement signed recently in Vientiane, Laos (Photo: //doanhnghiephoinhap.vn/)
Hanoi (VNA) – Vietnam’s overseas investment reached over 211.45 million USD in the first quarterof 2022, equivalent to nearly 37 percent of that reported in the same periodlast year, according to the Ministry of Planning and Investment.
The amount included 180.2 million USD poured into 24 new projects, up 28.5percent year-on-year and 31.23 million USD added to three existing ones,equal to 7.2 percent of the figure in the same period last year.
Vietnamese businesses invested in eight fields, including processing and manufacturing, mining, finance and banking, wholesale, retail, and information and communications.
Vietnamese investments were channeled into 12 countries and territories duringthe reviewed period. Laos was the largest recipient of Vietnamese investment in January-March,with 64.33 million USD, making up 30.4 percent of the total. It was followed bythe US, which attracted 34.54 million USD from Vietnam, accounting for 16.3percent of the amount.
As of March 20, Vietnam had 1,539 valid investment projects overseas totaling nearly21.43 billion USD./.
Vietnamese investments overseas soared 125.4 percent year-on-year to 570 million USD in the first seven months of 2021, the General Statistics Office (GSO) announced on July 29.
Vietnam’s overseas investment totalled 570.1 million USD in the first seven months of 2021, a 2.3-fold increase from the same period last year, data from the Ministry of Industry and Trade’s Foreign Investment Agency (FIA) showed, reflecting Vietnamese firms’ efforts to expand foreign markets.
Vietnam’s overseas investment surged 74.1 percent year on year to 575 million USD in the first eight months of 2021, according to the Ministry of Planning and Investment.
Laos has been the largest recipient of Vietnam's overseas investment so far, with 209 projects totalling 5.1 billion USD in registered capital, Minister of Planning and Investment Nguyen Chi Dung has said.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
A cooperation agreement signed recently in Vientiane, Laos (Photo: //doanhnghiephoinhap.vn/) 
