Vietnam’s Overseas Investment Reached 420.9 Million USD In 2023

Vietnam’s Overseas Investment Reached 420.9 Million USD In 2023

HANOI, Jan 6 (NNN-VNA) – Vietnamese investors poured 420.9 million U.S. dollars abroad in 2023, posting a year-on-year decrease of 21.2 percent, local media reported today, citing the General Statistics Office (GSO).

Of the amount, over 282.7 million dollars was registered for 124 new projects, falling by 33.7 percent year-on-year, while 138.2 million dollars was added to 25 existing ones, up 1.3 fold.

Investments in wholesale and retail, and repair of cars, motorcycles, motorbikes and motor vehicles sectors, recorded the biggest overseas investment from Vietnam with 156.9 million dollars, accounting for 37.3 percent of the total, according to the GSO.

Twenty-six countries and regions recorded Vietnamese investments in 2023. Canada took the lead with over 150.3 million dollars (35.7 percent), which was followed by Singapore, Laos, and Cuba.– NNN-VNA  

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