Vietnamese investors made significant strides in overseas markets in the first 11 months of 2024, initiating 151 new projects and adjusting investment capital in 22 existing ones, according to Vietnam’s Ministry of Planning and Investment. Total overseas investment capital during this period reached nearly US$598.7 million, marking a 51.6 percent increase compared to the same period last year.
Investments were spread across 16 sectors, with professional activities, science, and technology taking the lead, accounting for 33.5 percent of the capital. The processing and manufacturing industry followed with 18.2 percent, while electricity production and distribution contributed 15.8 percent.
Vietnamese investors directed funds to 31 countries and territories, with Indonesia, Laos, and India emerging as the top destinations, attracting 23 percent, 26.8 percent, and 15 percent of the total investment, respectively.
As of November 2024, Vietnam had 1,813 valid overseas investment projects, amounting to more than US$22.5 billion in total capital. The mining sector led with 31.2 percent of the capital, followed by agriculture, forestry, and fisheries at 15.1 percent. Laos, Cambodia, and Venezuela were the most prominent investment destinations, receiving 25 percent, 13 percent, and 8.1 percent of the total investment, respectively.
These figures highlight Vietnam’s growing presence in the global investment landscape, driven by a focus on diversified sectors and strategic markets.
See also: Vietnam FDI Tracker by Sector