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Outbound FDI in January for Vietnam tops US$83 million

In January, Vietnamese investors invested in 10 new projects abroad, with no changes to the investment capital, bringing Vietnam’s total investment abroad to more than US$83 million. This represents a 5.1 times increase compared to the same period last year, according to a press release from Vietnam’s Ministry of Planning and Investment.

Vietnamese investments were concentrated in five sectors, with the processing and manufacturing industry receiving the largest share, accounting for 74.2 percent of the total investment capital. Mining followed closely, receiving 22.5 percent of the total capital, reflecting a 4.7-fold increase from the same period last year. Other sectors such as construction, professional activities, science and technology, and information and communication accounted for a smaller proportion of the total investment.

In January, Vietnam’s investments were distributed across eight countries and territories. The Philippines and Indonesia were the top destinations, receiving 39.4 percent and 37.4 percent of the investment capital, respectively, though there were no projects in these two countries in the same period last year. Laos followed with 22.3 percent of the total investment, a 4.4 times increase from the previous year.

See also: Vietnam FDI Tracker

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