Vietnam invested 421 million USD in overseas projects in 2023, equal to 78% over last year, said a report from the Ministry of Planning and Investment.

Vietnam’s direct investment capital abroad has so far topped 22 billion USD, with over 1,700 valid projects. Many have been profitable and repatriated nearly 2 billion USD this year.

Although the total capital decreased in 2023, the number of newly-invested projects increased to 124. Investing abroad continues to be  highly attractive.

Vietnamese businesses are currently investing in 79 countries and territories around the world, focusing on 16 industries and fields. Their big advantage is investing in high-tech agriculture.

The Ministry of Planning and Investment said this year foreign direct investment (FDI) in Vietnam totaled 37 billion USD, with operating capital estimated to reach over 23 billion USD, a record high disbursement level.

VOV