Russia ranks fourth among 81 countries receiving Vietnamese investment

Society – Economy - Ngày đăng : 19:13, 23/10/2024

Russia ranked fourth among the 81 countries and territories receiving Vietnamese investment, according to the Ministry of Planning and Investment.

According to the latest data, Vietnam currently has 16 valid investment projects in Russia, totally capitalized at US$1.625 billion, accounting for 7.3% of the nation's total registered investment capital abroad.

Vietnamese investment in Russia is mainly focused in the fields such as oil and gas exploration and exploitation, accounting for 50.3% of total registered capital, industry (32.6% ) and real estate (14%).

Several notable works include oil and gas project in northern Russia's Nhenhexky autonomous zone, the Hanoi - Moscow Cultural and Trade Center, and TH Group's dairy and agricultural project in Russia.

Meanwhile, as of September 27, Russia has run 194 investment projects in the country with a total registered capital of US$989 million, covering oil and gas, mining, processing industries, and manufacturing across 21 localities.

The south-central province of Khanh Hoa has so far attracted five Russian projects worth US$192.36, thereby ranking first in terms of Russian investment.

This is followed by Hanoi with 49 projects worth US$96.33 million and Ho Chi Minh City with 73 projects worth US$56.75 million.

VOV