Investors in overseas projects are allowed to transfer abroad an amount of foreign currencies not more than 5 percent of their total capital contribution to the venture, and not more than 300,000 USD,
Investors in overseas projects are allowed to transfer abroad an amount of foreign currencies not more than 5 percent of their total capital contribution to the venture, and not more than 300,000 USD, as payment for activities relating to their projects before getting investment licenses from foreign local authorities.
According to a decree on investment overseas recently issued by the government, investors are able to transfer abroad foreign currencies, goods and machinery to meet expenses for their investment projects such as market and field surveys, international biddings, deposit or other financial guarantees, as well as asset purchase or hiring. The process must be in accordance with regulations governing foreign currency, export, customs and technology.
Projects abroad using State capital must abide by the Law on Investment of State Capital in Enterprises.
The decree also requires documents validating the site of projects for overseas investment in the fields of energy; agro-forestry-fisheries farming, exploitation and processing; mineral survey, exploration, exploitation and processing; manufacturing, processing and engineering; real estate and infrastructure.
Documents validating the site of projects can be one of the followings: investment licences granted by host countries which specify the location and the acreage of land of the projects; land lease or land use certificates; land lease contracts or business contracts specifying the location and the acreage of the land; or agreements on land transfer and lease, and business cooperative agreements with authorized parties in host countries.
As of the end of April this year, Vietnam had 962 investment projects abroad worth 15 billion USD, mostly in the fields of mining and agro-forestry-fisheries, reported the Foreign Investment Agency under the Ministry of Planning and Investment.
Its largest markets are neighbours Laos and Cambodia, accounting for respective shares of 27 percent and 20 percent of the total investment made abroad.
Vietnamese investors have also gone beyond the region to nations like Russia, Venezuela and Peru. The three countries are hosting a combined 26 projects from Vietnam with total capital of over 4 billion USD.-VNA
Vietnam’s businesses have so far registered to invest in 440 projects with a total capital of over 6.8 billion USD in 49 nations and territories, reports the Foreign Investment Agency (FIA).
In the first eights months of the year, Vietnamese businesses registered to invest 2.1 billion USD in projects outside Vietnam, said the FIA under the Ministry of Planning and Investment at a recent meeting.
With nine projects licensed last month, Vietnamese firms in the first four months this year invested nearly 1.8 billion USD abroad, according to the Ministry of Planning and Investment's Foreign Investment Agency (FIA).
The past four months have seen a striking contrast between the influx in foreign direct investment (FDI) and outflow in Vietnamese investment.
While FDI inflow into the country dropped by almost 50 percent compared with the same period last year, Vietnamese investment abroad equalled 60 percent of the total outflow in 2010.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Illustrative image (Source: VNA)
