From January to May, Vietnamese enterprises made outbound investments in 16 sectors, mostly focusing on mining, accounting for 43.1% of the total capital, followed by manufacturing and processing industry (23.9%); and trading and retail (8.3%).

Sixteen countries and territories received Vietnamese investment during the period. Of them, the Netherlands took the lead, accounting for 40.1%. Laos came second, holding 36.8%, followed by the U.S. and New Zealand.

As of May 20, Vietnam had 1,733 operational projects abroad with a total investment of over $22.25 billion.

The majority of its overseas investments came towards to mining sector, 31.6%, and the agro-forestry-fishery sector, 15.6%.

Countries with the largest investment from Vietnam were Laos (24.8%), Cambodia (13.1%) and Venezuela (8.2%).

India encourages large firms to invest in Vietnam

India Prime Minister Narendra Modi has encouraged large companies to invest in Vietnam with focus on digital transformation and energy.

Bac Giang to invest over 636,000 USD on national highway 279 passing Luc Ngan

BAC GIANG – Due to the severe degradation of national highway 279 passing Luc Ngan district, the Department of Transport in Bac Giang province has prepared conditions to start repairing the road surface and bed as well as items on route.

Bac Giang prioritizes to invest in Quang Chau 2 industrial park

(BGO) – Basing on detail planning, Quang Chau 2 industrial park is located in Quang Chau and Van Trung communes, Viet Yen district (Bac Giang province).

Lang Giang to invest over 5 million USD in central urban area of Voi town

(BGO) – Lang Giang district (Bac Giang province) targets to mobilize 120 billion VND (over 5 million USD) to invest in the central urban area project of Voi town (Project).

Source: VnExpress