According to the General Statistics Office, Vietnamese overseas investment in 10 months increased sharply compared to the same period last year.

Regarding investment projects, there were 90 new projects valued at over 390.1 million USD, a 1.8-fold rise year-on-year, with the most notable invested by VinES Energy Solutions Joint Stock Company in the US, Canada, France, Germany, and the Netherlands, each worth more than 34.68 million USD. Meanwhile, 19 projects registered to increase their investment capital by over 61.9 million USD, equivalent to 14.5% of the amount in the corresponding time last year. As of October 20, Vietnam counted 1,594 overseas valid projects worth over 21.68 billion USD, mainly specializing in mining (32.1%) and agro-forestry-fishery (15.9%). Vietnamese investors poured capital into 14 sectors, mainly processing and manufacturing with 224 million USD; real estate, with 42.8 million USD; and mining, wholesale, and retail. Laos, Cambodia, and Venezuela received the most Vietnamese investment capital.

Vietnam’s outbound investment, including both newly - registered and adjusted capital, exceeded 450 million USD in the first 10 months of this year, equivalent to nearly 70% of the figure recorded in the same period last year, in which the processing and manufacturing industry reached USD 224 million, accounting for 49.6% of total investment capital; real estate business reached 42.8 million USD, accounting for 9.5%; mining activities reached 39.8 million USD, accounting for 8.8%.

Regarding investment locations, among the 25 countries and territories where Vietnamese investors are operating, Singapore took the lead with 20 projects and combined capital of over 75 million USD. It was followed by Laos, the US, Germany, and the Netherlands.