VNExpress-Jan 8
Vietnamese investors pumped nearly US$664.8 million abroad in 2024, up 57.7% over the previous year, according to the Ministry of Planning and Investment’s Foreign Investment Agency. While this upward trend signals renewed confidence in foreign markets, the figures remain below pre-pandemic levels, primarily due to the absence of large-scale projects. The investment landscape showed notable diversification across 16 sectors, with most of the capital injected into professional services and science-technology (30.2% of the total capital), manufacturing (21%), and power generation and distribution (14.2%). Geographically, Vietnamese investments spread across 31 countries and territories, with Laos emerging as the top destination, capturing 28.8% of the total capital. Indonesia saw a dramatic surge in Vietnamese investment, securing 20.7% of the total capital and marking a 227-fold increase from the previous year. Meanwhile, India ranked third, attracting 13.5% of investments, representing a nearly 60-fold increase from 2023. As of end-2024, Vietnam’s cumulative overseas investment portfolio comprised 1,825 valid projects totaling over $22.59 billion. Over the past time, Vietnamese investors have maintained a strong presence in 18 out of 21 sectors, with significant capital landing in mining ($7 billion or 31% of the total capital), agro-forestry-fishery industry (nearly $3.4 billion or 15%), and information and communications (more than $2.84 billion or 12.6%). Countries with the largest investment from Vietnam include Laos (nearly $5.7 billion), Cambodia (nearly $2.94 billion), and Venezuela (nearly $1.83 billion). Read more at:
https://e.vnexpress.net/news/business/economy/vietnam-invests-665m-abroad-in-2024-4837018.html
