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Vietnam's overseas investment rises sharply

VOV.VN - Vietnam’s outbound investment reached approximated US$598.7 million during the past 11 months of the year, up 51.6% against the same period from last year, according to the latest data released by the General Statistics Office (GSO).

Vietnamese investors mainly injected money into scientific and technological professional activities, with the figure standing at US$200.5 million, accounting for 33.5% of total investment capital.

The processing and manufacturing industry ranked second with US$108.8 million; followed by the production and distribution of electricity, gas, hot water, and air conditioning with US$ 94.6 million; mining with US$60.7 million; warehousing and transportation with US$38.6 million; wholesale and retail, repair of automobiles, motorcycles, motorbikes, and other motor vehicles with US$ 38.1 million; and other services with US$10.4 million.

Among the 31 countries and territories receiving investment from Vietnam in the reviewed period, Laos took the lead with US$160.7 million, trailed by Indonesia with US$137.7 million, India with US$90.1 million, the United States with US$71.4 million, and the Netherlands with US$ 54.6 million.

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