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Vietnam’s outward investment in the first four months of 2026 reached USD 713.9 million, including new investments and capital adjustments, according to the Foreign Investment Agency. This figure was up 2.3 times compared with the same period last year.
During the period, 74 projects were granted new investment certificates with registered capital of USD 691.1 million, up 2.6 times year-on-year. In addition, four projects made capital adjustments, adding USD 22.8 million. However, reductions accounted for 43.2% of the total value of adjustments, suggesting some screening in outbound investment project implementation.
Capital was concentrated in several key industries:
Vietnam’s outward investment was recorded in 32 countries and territories in the first four months of 2026. Laos remained the largest traditional recipient with USD 198 million (27.7%), followed by Kyrgyzstan with USD 149.9 million (21%), the United Kingdom with USD 82.8 million (11.6%), and Kazakhstan with USD 36 million (5%).
Other markets included the British Virgin Islands (USD 30.1 million, 4.2%), Angola (USD 30 million, 4.1%), and the Netherlands (USD 29.4 million, 4.0%).
While Vietnam continues to expand outward investment, it also remains an attractive destination for foreign direct investment. Total registered FDI into Vietnam in the four months reached USD 18.24 billion, up 32% year-on-year.
Actual disbursement was about USD 7.4 billion, up 9.8%, the highest four-month disbursement in five years.
Among 53 countries and territories with new investment licenses in the period, Singapore was the largest investor with USD 6.05 billion (49.8% of total new registered capital). South Korea followed with USD 4.08 billion (33.6%), then China with USD 524.1 million (4.3%), Japan with USD 462 million (3.8%), Hong Kong SAR (China) with USD 329.2 million (2.7%), and the Netherlands with USD 318.5 million (2.6%).
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