Of the amount, over USD 282.7 million was registered for 124 new projects, falling by 33.7% year-on-year, while USD 138.2 million 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 totaled USD 156.9 million, accounting for 37.3% of the total.
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Vietnam’s overseas investment hits USD 420.9 million in 2023. |
The information and communications sector ranked second with over USD 120.6 million, or 28.7%. It was followed by electricity, gas, hot water, steam, and air conditioner production and distribution with USD 84.4 million, accounting for 20%.
Among the 26 countries and territories where Vietnamese investors are operating, Canada took the lead with over USD 150.3 million (35.7%), followed by Singapore, Laos, and Cuba.
On the opposite side, as of December 20, Vietnam attracted nearly USD 36.6 billion of foreign investment, up 32.1% year-on-year.
The disbursement of foreign direct investment (FDI) in Vietnam in 2023 reached an estimated USD 23.18 billion– a record level in the last five years, and an increase of 3.5% over the previous year.
Experts forecast that Vietnam will continue to be an attractive destination for foreign investors in the future.
Source: VNA