In the first 10 months of this year, the Foreign Investment Agency licensed 102 new foreign direct investment (FDI) projects capitalised at 441.9 million USD, and an additional capital of 192.8 million USD for 53 operational FDI projects.
Most of investments were concentrated on traditional markets such as Cambodia (with 194 million USD for 23 projects); Laos (with total investments of 126 million USD for 18 projects); and the US (with 102 million USD for 22 projects).
Besides, this year Vietnamese firms have expanded investment markets in Russia, Singapore and Germany.
In January-October, the overseas mining and farming projects accounted for nearly 50% of total registered capital of the Vietnamese investors' new overseas FDI projects licensed by the department.
The mining sector attracted the largest investments from Vietnamese businesses, up to 107 million USD, accounting for 16.8% of total investments, followed by the farming, fishery and forestry sector with investment of 106 million USD.
In the past few years, investments have also been poured into sectors such as information technology, communications, power generation, real estate, financial services, insurance and banking.
This shows the diversity of FDI sources from Vietnamese investors and is the result of the direction of the Government and ministries in creating favourable conditions for local enterprises to promote oversea investment, improve investment procedures and expand foreign market.
Most of investments were concentrated on traditional markets such as Cambodia (with 194 million USD for 23 projects); Laos (with total investments of 126 million USD for 18 projects); and the US (with 102 million USD for 22 projects).
Besides, this year Vietnamese firms have expanded investment markets in Russia, Singapore and Germany.
In January-October, the overseas mining and farming projects accounted for nearly 50% of total registered capital of the Vietnamese investors' new overseas FDI projects licensed by the department.
In January-October, the overseas mining and farming projects accounted for nearly 50% of total registered capital of the Vietnamese investors' new overseas FDI projects.
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In the past few years, investments have also been poured into sectors such as information technology, communications, power generation, real estate, financial services, insurance and banking.
This shows the diversity of FDI sources from Vietnamese investors and is the result of the direction of the Government and ministries in creating favourable conditions for local enterprises to promote oversea investment, improve investment procedures and expand foreign market.
