The initiative is seen as a strategic move to support the private sector in increasing its international presence in a more comprehensive, effective and sustainable manner.
Comprising five chapters and 45 articles, the decree establishes a comprehensive framework governing outbound investment for business purposes, including procedures and State management responsibilities.
Under the contract, the Vietnamese company will farm cashew and short-cycle crops such as peanut, black bean, mung bean and soybean on an area of 2,000ha in Artemisa Province.
Vietnamese investors poured a total of US$847 million into overseas projects in the first nine months of 2025, a 4.5-fold surge from the same period last year.
Investors would only have to register their capital transfers with the State Bank of Việt Nam when investing abroad, according to the Ministry of Finance''s proposal.
Việt Nam’s overseas investment totalled US$317.3 million in the first five months of this year, 2.3 times higher than the same period last year, latest s from the General Statistics Office (GSO) revealed.
In the first two months of this year, Việt Nam''s total overseas investment capital reached nearly US$239 million, representing a 9.5-fold rise year-on-year.