Vietnamese overseas investment triples

11/06/2021 06:36 6

Vietnamese overseas investment triples

NDO/VNA – Vietnamese firms poured US$546.7 million into overseas projects in the first five months of 2021, more than triple the figure of the same period last year.

Of the sum, US$144 million was from 21 newly-licensed projects, down 11.3% year-on-year, according to the Ministry of Planning and Investment.

Laos was the largest receiver for Vietnam’s overseas investment, making up 24% of the total capital, followed by Cambodia (13.1%) and Russia (13%).

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