US – top destination for Vietnamese investors in January-February hinh anh 1Illustrative image (Photo: VNA)

Hanoi (VNA)
– The US was the top destination for Vietnamese investors in the first two months of 2019, absorbing 5.3 million USD, or 84.8 percent out of the total overseas investment in the period.

Other destinations are Singapore, Finland, and Japan.

According to the General Statistics Office, local investors poured a combined 6.05 million USD in five new projects abroad in the period, and added 200,000 USD to an existing project in Myanmar.

Of the amount, 5.6 million USD was invested in three projects in wholesale and retail, and the remainder went into two projects in science-technology, and information and technology.

Last year, Vietnam’s investment overseas reached 432.1 million USD. Among 38 countries and territories where Vietnamese investors are doing business, Laos received the most investment with 81.5 million USD. It is followed by Australia and the US.-VNA