During the first nine months of the year, Vietnamese overseas investments recorded a notable decline. According to official data, 105 new projects were authorized, representing a total capital of $177.5 million, marking a year-on-year decrease of 27.5 percent.
Hanoi (VNA) – During the first nine months of the year, Vietnamese overseas investments recorded a notable decline. According to official data, 105 new projects were authorized, representing a total capital of $177.5 million, marking a year-on-year decrease of 27.5 percent.
The General Statistics Office of the Ministry of Planning and Investment also reports that 20 existing projects have increased their initial capital by a total of $12 million, a decrease of 93% compared to 2023.
As a result, the cumulative amount of Vietnamese investments abroad, including new capital and additional investments, amounts to 189.6 million dollars, an annual decrease of 54.5%.
Investments were spread across 15 business sectors, of which mining attracted the largest share with $58.6 million, or 30.9% of the total, followed by manufacturing and manufacturing with 34 .7 million dollars (18.3%).
In nine months, Vietnamese investments have flowed to 27 countries and territories. Finland positioned itself as the main beneficiary with $54.6 million, ahead of Laos which with $43.5 million.
As of the end of September, Vietnam had a total of 1,772 active overseas investment projects, representing a cumulative investment capital of around $22.11 billion.
At the same time, foreign investments in Vietnam have experienced positive developments. As of September 30, total registered foreign investments reached more than $24.78 billion, an increase of 11.6 percent year-on-year. Foreign direct investment (FDI) in Vietnam is estimated at more than $17.3 billion, representing an annual increase of 8.9%. -VNA
