Vietnam leads in investment in the USA during the first months of 2024
The US market attracts 23% of Vietnam’s total foreign investment capital in the first 3 months of 2024.
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| Mytel, one of the successful projects of Vietnamese enterprises abroad. (Source: en.dangcongsan.vn) |
According to the Foreign Investment Department under the Ministry of Planning and Investment, in the first 3 months of 2024, Vietnamese investors poured capital in 22 new investment projects abroad and increased capital in 2 ongoing projects. The country’s total investment capital abroad reached 28.94 million USD, equal to 24.2% of the same period last year.
Vietnamese investors have invested abroad in 9 industries. Of which, investment capital is mainly poured in wholesale and retail (accounting for 39.8%), real estate business activities (18.6%) and construction (17.3%).
As many as 13 countries and territories received investment from Vietnam in the first 3 months. The countries attracting the most investment from Vietnam are the USA (23%), New Zealand (20.3%) and Germany (18.6%).
As of February 20, 2024, Vietnam had 1,720 valid overseas investment projects with a total capital of more than 22.12 billion USD.
Vietnam’s investment abroad mainly focuses on mining industries (31.5%) and agriculture, forestry and fisheries (15.5%).
Countries receiving the most investment from Vietnam are Laos (24.7%), Cambodia (13.2%) and Venezuela (8.3%).
(Source: en.dangcongsan.vn)
