In 2024, Vietnam’s total investment abroad is expected to reach nearly US$664.8 million, a 57.7% increase from 2023, according to a press release from the Ministry of Planning and Investment. This was spread across 164 new projects and 26 capital adjustments abroad.
Key takeaways include:
Investments spanned 16 sectors, with the largest shares in:
- Professional, scientific, and technological sectors (30.2% of capital)
- Processing and manufacturing (21% of capital)
- Electricity production and distribution (14.2% of capital)
Top 3 countries receiving investment:
- Laos (28.8% of capital, +62.2% compared to 2023)
- Indonesia (20.7% of capital, 227 times higher than 2023)
- India (13.5% of capital, 59.7 times higher than 2023)
By year-end, Vietnam will have:
- 1,825 valid foreign investment projects, with a total capital of over US$22.59 billion.
Key sectors receiving investment:
- Mining (over US$7 billion, 31% of total capital)
- Agriculture, forestry, and fishery (nearly US$3.4 billion, 15%)
- Information and communication (over US$2.84 billion, 12.6%)
Top 3 localities receiving investment:
- Laos (nearly US$5.7 billion, 25.1% of capital)
- Cambodia (nearly US$2.94 billion, 13% of capital)
- Venezuela (nearly US$1.83 billion, 8.1% of capital)
See also: Vietnam FDI Tracker by Sector