Outward investment hits US$ 545.9 million in January-April

In the reviewed period, 18 projects worth US$142.8 million received investment licenses and nine projects got additional capital ofUS$ 403.2 million. 

Key investments are science and technology, retail sales, agriculture, forestry and fishery, according to the ministry. 

So far, Vietnamese investors have pumped investment capital in 15 countries and territories, with the U.S. absorbing US$302.3 million of the registered capital (accounting for 55.4%), followed by Cambodia (US$ 89.1 million), France, Canada, Germany, and the Netherlands with an investment of US$ 32 million each.

As of April 20, Viet Nam had 1,417 valid outward investment projects worth US$ 21.8 billion.

Of the sum, mineral exploitation accounted for 36%, and the agro-forestry-fishery sector, 15.4%.

 Laos was the biggest recipient of Vietnamese FDI by occupying 23.1% of the  registered  capital, followed by Cambodia (13%), and Russia (12.7%).

Analysts noted a trend of Vietnamese investors putting their money in developed countries.

Earlier, the introduction of Circular 03/TT-BKHDT, dated October 17, 2018 on guiding and promulgating forms used in outward investment has helped state management agencies improve their management over projects outside Viet Nam and create favorable conditions for investors to do business overseas./.  

By Kim Anh