Europe overtakes Laos, the US to become the largest recipient of Vietnamese investment in the first four months

According to the Foreign Investment Agency, there were 14 countries and territories that received investment from Vietnam in the first four months of 2024. Among them, the country that attracted the most investment accounted for 55% of Vietnam's total foreign investment in the first four months of 2024.

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In its latest report, the Foreign Investment Agency (Ministry of Planning and Investment), reported that during the first 4 months of 2024, Vietnamese investors invested abroad with 36 new investment projects and 3 capital adjustments. The total investment capital of Vietnam abroad reached 98.86 million USD (equal to 64.4% compared to the same period).

In terms of investment sector, the report shows that Vietnamese investors have invested abroad in 11 industries. In which, the investment capital is concentrated in the mining industry (accounting for 59.3% of capital), wholesale, retail (accounting for 11.7% of capital); other services (accounting for 10.1% of capital); Construction (accounting for 5.6% of capital). The rest are other industries.

Considering the regions receiving investment, according to the Foreign Investment Agency, there are 14 countries and territories receiving investment from Vietnam in the first 4 months of 2024. In which, the countries attracting the most investment capital from Vietnam are the Netherlands (55.2%); Laos (16.5%); US (6.7%); New Zealand (5.9%); Singapore;…

Accumulated to April 20, 2024, Vietnam has 1,733 investment projects abroad that are still valid with a total investment capital of over 202.22 billion USD. Vietnam’s investment abroad is mainly concentrated in the mining industry (31.6%); agriculture, forestry and fishery (15.6%). The localities receiving the most investment from Vietnam are Laos (24.7%); Cambodia (13.1%); Venezuela (8.2%);…