Vietnam’s overseas investment, including both newly-registered and adjusted capital, hit USD 420.9 million in 2023, down 21 percent from 2022.
The General Statistics Office under the Ministry of Planning and Investment reported that investments in wholesale and retail, and repair of cars, motorcycles, motorbikes and motor vehicles sectors totaled USD 156.9 million, accounting for 37.3 percent of the total.
The information and communications sector ranked second with over USD 120.6 million, or 28.7 percent. It was followed by electricity, gas, hot water, steam, and air conditioner production and distribution with USD 84.4 million, accounting for 20 percent.
Among the 26 countries and territories where Vietnamese investors are operating, Canada took the lead, accounting for 35.7 percent, followed by Singapore, Laos, and Cuba.- (VNA/VLLF)
