(MPI) - Vietnam’s overseas investment reached over 177. million USD during the first nine months this year, equalling 42.6% year on year.

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In the first nine months this year, Vietnamese businesses invested 105 new projects abroad and 18 projects having their added capital. Vietnam’s total investment were about 177.4 million USD (equivalent 42.6% year on year).

Vietnamese investors invested in 15 sectors abroad, with the mining sector topping the list (accounting for 33% of the total investment). Followed were wholesale and retail (or 17.4%), electricity production and distribution (or 13.2%), and other sectors.

Among 27 countries and territories recording Vietnamese investments during the period, the Netherlands took the lead (30.8%), followed by Laos (24.5%) and the US (16.8%).

By the end of September, Vietnam had 1,772 valid overseas investment projects with combined capital of nearly 22.11 billion USD.

The investments concentrated on mining (31.8%); agriculture, forestry and fishery (15.5%). Meanwhile, the biggest destinations of Vietnamese investments were Laos (24.9%); Cambodia (13.3%); and Venezuela (8.3%)./.

Bao Linh

Ministry of Planning and Investment