The figure includes US$709.3 million in capital across 134 newly registered projects, nearly four times the amount recorded a year earlier, and US$137.5 million in additional capital for 23 existing projects.

The generation and distribution of electricity, gas, hot water, steam, and air conditioning made up the largest share with US$341.5 million, or 40.3% of total overseas investment. It was followed by wholesale, retail and vehicle repair at nearly US$121 million (14.3%), along with transportation and warehousing at US$109.2 million (12.9%).

Among the 34 countries and territories receiving Vietnamese investment, Laos led with US$397.2 million, representing 46.9% of the total, followed by the Philippines with US$92 million (10.9%), Indonesia US$64.6 million (7.6%), Germany US$50.6 million (6%), and the US$33.3 million (3.9%).

Dr. Phan Huu Thang, former Director of the Foreign Investment Agency and currently Chairman of the Vietnam Industrial Park Finance Association, said the robust growth of Vietnam’s outward investment in recent years reflects its enterprises’ increasing proactiveness in exploring business opportunities beyond national borders.

He noted that several overseas projects by Vietnamese firms have generated significant economic and social value and been highly valued by host countries.

Looking ahead, Thang said both inbound and outbound investment flows essentially stem from the private sector, which is emerging as a key growth driver. He pointed out that the Politburo’s recent Resolution No. 68-NQ/TW on private sector development is opening up new opportunities for this sector to expand.

In the context of Vietnam’s deepening economic integration into the world, private enterprises are poised to further extend their reach abroad, he said, adding that as institutional and policy barriers are gradually removed, outward investment by Vietnamese businesses is expected to make a strong leap forward in the coming years.

Source: VOV