Vietnam has 45 overseas investment ventures
Ha Noi, April 11 (VNA) -- Viet Nam now has 45 valid investment ventures in 13 countries and territories, according to the Planning and Investment Ministry.
To the 45 projects, Vietnamese partners contributed USD 11.7 million, about 40 percent of the combined registered capital.
Most of the investment projects engage in food processing, construction, commerce and services.
Laos is the most attractive destination for Vietnamese investors with 18 projects, followed by Russia with eight, Singapore with four and Cambodia with three. The U.K., Japan and Hong Kong each has two Vietnamese ventures.
Viet Nam's overseas investment has boomed following a 1999 Government decree governing overseas investment by Viet Nam's entrepreneurs. Twenty-seven ventures have been licensed since 1999 with two so far this year.--VNA
