Russian investment in Vietnam
In the first eight months alone they invested in seven new projects with a registered capital of US$5.87 million.
Russian investment goes to 13 of Vietnam’s 18 economic sectors. Mining came first with seven projects valuing at US$581.2 million, accounting for 55% of its total investment, trailed by accommodations and food services (seven projects valuing at US$203.6 million) and manufacturing and processing industries (34 projects with a value of US$133.8 million).
Russian businesses have invested in 23 out of 63 provinces and cities nationwide. Offshore oil and gas production has attracted most of Russian investment with six projects with a registered capital of US$531.2 million.
