(MPI) - Vietnam’s overseas investment approximated 137 million USD during the first six months of 2024, equalling 42.7% year on year.

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In the first six months this year, Vietnamese businesses invested 57 new projects abroad and 11 projects having their added capital. Vietnam’s total investment were over 137 million USD (equivalent 42.7% year on year).

Vietnamese investors invested in 12 sectors abroad, with the mining sector topping the list (accounting for 42.8% of the total investment). Followed were wholesale and retail (or 17.4%), processing and manufacturing industry (or 14%), and other sectors.

Among 21 countries and territories recording Vietnamese investments during the period, the Netherlands took the lead (39.8%). Next were Laos (5.9%), the US (13.6%), and New Zealand (4.3%).

Accumulated as of June 20, 2024, Vietnam had 1,743 valid overseas investment projects with combined capital of over 22.25 billion USD.

The investments concentrated on mining (31.6%); agriculture, forestry and fishery (15.6%). Meanwhile, the biggest destinations of Vietnamese investments were Laos (24.7%); Cambodia (13.1%); and Venezuela (8.2%)./.

Bao Linh

Ministry of Planning and Investment