Vietnam’s investment overseas to rise in 2011

Vietnam’s overseas investment capital is estimated to reach 1.5-2 billion USD in 2011, of which 700-900 billion USD expected to be disbursed, said an official of the Ministry of Planning and Investment (MPI).
Vietnam’s overseas investment capital is estimated to reach 1.5-2 billion USD in 2011, of which 700-900 billion USD expected to be disbursed, said an official of the Ministry of Planning and Investment (MPI).

Head of the MPI’s Foreign Investment Agency Do Nhat Hoang emphasised the need to monitor overseas investment activities to reasonably regulate the capital flow to stabilise the economy.

In 2010, Vietnam had 107 investment projects in 25 countries and territories with combined registered capital of 2.926 billion USD. Disbursed capital totalled around 900 million USD, of which over 700 million USD was in the mining industry, 70 million USD in agro-forestry and fisheries sector and distribution and retail sector accounted for 53 million USD./.

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