Viet Nam’s overseas investment up 11.5% in 10 months
VGP - Viet Nam’s outbound investment hit US$473.1 million in the first ten months of 2024, a year-on-year increase of 11.5 percent.
Of the above figure, over US$429.9 million was registered for 124 newly-licensed projects, up 71.2 percent against the same period last year, while US$43.2 million was added to 21 existing projects, down 75.1 percent.
In October alone, overseas investments totalled US$283.5 million, in which investments in science and technology took the lead with US$200.5 million, making up 42.4 percent of the total investment.
The manufacturing and processing industry ranked second with US$70.8 million, accounting for 15 percent; followed by mining with US$58.6 million; wholesale and retail, repair of automobiles, motorcycles, and other motor vehicles with US$36.2 million; and transportation and warehousing with US$33.2 million.
In the January-October period, Vietnamese investors poured investment capital in 30 countries and territories, with Indonesia topping the list with US$127.7 million, India US$90.1 million, Laos US$77.9 million, the Netherlands US$54.6 million, and the U.S. US$42.8 million./.
