HANOI, Nov 3 (NNN-VNA) – Vietnamese investors poured 424.4 million U.S. dollars into 14 sectors abroad, in the first ten months of this year, a year-on-year decrease of 6.1 percent, according to the latest statistics of the General Statistics Office.
Over 251.2 million dollars was registered for 95 new projects, while 173 million dollars were added to 19 existing projects, surging 2.8-fold.
Wholesale and retail sector recorded the biggest overseas investment from Vietnam, with nearly 151.63 million dollars, accounting for 35.7 percent of the total, according to the Ministry of Planning and Investment.
Twenty-four countries and territories recorded Vietnamese investments during this period. Canada took the lead with over 150.2 million dollars, which was followed by Singapore, Laos, and Cuba.
As of Oct 20, Vietnam had 1,675 valid overseas investment projects, with combined capital of over 22.1 billion dollars.
Vietnam’s investment abroad mostly focuses on mining industries, agriculture, forestry, and fisheries, the ministry said.– NNN-VNA
