(MPI) - Vietnam’s overseas investment approximated 147.3 million USD during the first eight months this year, equalling 35.4% year on year.

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In the first eight months this year, Vietnamese businesses invested 75 new projects abroad and 17 projects having their added capital. Vietnam’s total investment were about 147.3 million USD (equivalent 35.4% year on year).

Vietnamese investors invested in 14 sectors abroad, with the mining sector topping the list (accounting for 39.8% of the total investment). Followed were processing and manufacturing industry (or 19.7%), wholesale and retail (or 16.8%), and other sectors.

Among 25 countries and territories recording Vietnamese investments during the period, the Netherlands took the lead (37.1%). Next were Laos (25.7%), the UK (13.4%), and the US (12.7%).

By the end of August, Vietnam had 1,757 valid overseas investment projects with combined capital of nearly 22.26 billion USD.

The investments concentrated on mining (31.6%); agriculture, forestry and fishery (15.5%). Meanwhile, the biggest destinations of Vietnamese investments were Laos (24.7%); Cambodia (13.2%); and Venezuela (8.2%)./.

Bao Linh

Ministry of Planning and Investment