Vietnam invests US$15.5 billion in overseas projects

Nhan Dan/VNA – Vietnamese enterprises have so far committed a total of US$15.5 billion in 742 projects abroad.

 

Viettel is one of many Vietnamese enterprises that has gained success in investing abroad, including the brandname Metfone in Cambodia.
Viettel is one of many Vietnamese enterprises that has gained success in investing abroad, including the brandname Metfone in Cambodia.

According to the Ministry of Industry and Trade, mining industry tops the list with 99 projects totalling US$4.6 billion, equivalent to 13.3% of overall projects and 46% of total investment capital.

Agro-forestry and food processing comes to second with 80 projects worth of US$1.9 billion, accounting for 10.8% of all projects and 23.6% of total investment capital, while power projects also attracted US$1.8 billion, accounting for 12.1%.

Vietnam has expanded its investment to 59 countries and territories across the world.