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Vietnam’s total investment capital abroad, including newly registered and adjusted capital, reached US$395 million over the past 11 months of the year, representing a fall of 16.7% year on year, according to the Ministry of Planning and Investment (MPI).
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<h2 style="text-align:justify">VOV.VN - Vietnam’s total investment capital abroad, including newly registered and adjusted capital, reached US$395 million over the past 11 months of the year, representing a fall of 16.7% year on year, according to the Ministry of Planning and Investment (MPI).</h2> <p style="text-align:justify"><img alt="vietnamese businesses invest us 395 million overseas picture 1" src="https://media-vov.emitech.vn/sites/default/files/styles/large/public/2023-12/Vietnamese%20investment%20abroad%20falls%20in%2011%20months.jpg" title="vietnamese businesses invest us 395 million overseas picture 1" /></p> <p style="text-align:center">Vietnamese investment abroad has fallen 16.7% over the past 11 months of 2023</p> <p style="text-align:justify">About 117 new projects were licensed in the reviewed period with a total capital of US$257.3 million, down 35% in value year on year, while 24 projects registered to add US$137.7 million to their original investment capital, up 1.8 times in value, reported the MPI.</p> <p style="text-align:justify">Of the total capital invested abroad, wholesale and retail, and repair of cars, motorbikes, and other motorised vehicles topped investment fields in value, with US$153.6 million. They were followed by information and communication (US$120.4 million); and production and distribution of electricity, gas, hot water, steam and air conditioning (US$84.4 million).</p> <p style="text-align:justify">The MPI report shows local businesses invested in 26 countries and territories in the first 11 months of the year. Canada topped the recipients, attracting US$150.3 million, followed by Singapore (US$122.5 million) and Laos (US$115.8 million).</p> <p style="text-align:justify">Meanwhile, Vietnam attracted nearly US$29 billion in foreign direct investment (FDI) in 11 months, an increase of 14.8% year on year.</p>
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