Global textile information market: Vietnam once again became the little prince of gold in the third quarter, and Canada won the first place

In the third quarter of 2023, Vietnam's total investment in foreign markets reached $416.8 million, an increase of 4.6% year-on-year. In the third quarter, 84 projects were approved for new investment worth more than $244.8 million, down 29.5% from the same period last year. Canada attracted the most capital, more than $150 million, followed by Singapore ($115 million) and Laos ($114 million).

Foreign investment in Vietnam increased to $416.8 million in the third quarter of 2023.

In the third quarter of this year, Vietnam's total investment in the foreign market reached $416.8 million, an increase of 4.6 percent year-on-year.

A total of 84 new investment projects valued at more than $244.8 million were approved during the quarter, down 29.5% year-on-year. Adjusted investment capital for 18 projects surged 3.38 times to a total of nearly $172 million.

According to domestic media reports, Canada attracted the most Vietnamese capital with more than $150 million, followed by Singapore and Laos with $115 million and $114 million respectively.

According to the Foreign Investment Bureau of Vietnam's Ministry of Planning and Investment, as of September 20, Vietnam had 1,667 active overseas investment projects in 24 countries and regions, with a cumulative investment capital of nearly 22.1 billion US dollars.

State-owned enterprises started 141 new projects with a total value of nearly 11.7 billion US dollars, accounting for 52.8 percent of China's total outbound investment.