New Vietnamese investments overseas fall 30% in four months

VOV.VN - Vietnamese enterprises invested US$98.3 million in 36 new projects aboard throughout the first four months of the year, marking a decline of 29.8% year on year.

Statistics compiled by the General Statistics Office (GSO) unveiled that investment capital adjustments were made at three projects, an increase of US$580,000 in capital but down by 95.7% against the same period from last year.

Vietnamese investors poured money into various sectors abroad, with mining topping the list with US$58.6 million.

Wholesale and retail ranked second with US$11.5 million, followed by services with US$10 million; construction with US$5.5 million, 5.6%; and real estates with US$5.4 million.

Among the 14 overseas recipients of Vietnamese investment, the Netherlands took the lead with US$54.6 million, followed by Laos with US$16.3 million, the United States with US$6.7 million, New Zealand with US$5.9 million, and Germany with US$5.4 million.

In the first four months of this year, Vietnamese foreign investment abroad consisting of both new and adjusted investments fell 35.6% year on year to US$98.9 million.

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