Vietnamese companies significantly expanded their overseas investments in the first four months of 2026, with total outbound investment reaching nearly $714 million, a more than twofold increase compared to the same period in the previous year. This surge was primarily driven by 74 new projects, which accounted for $691.1 million and represented a 2.6-fold rise. Power generation and distribution emerged as the leading sector for this foreign investment, attracting $164 million, followed by construction and transportation/warehousing. Vietnamese firms directed capital to 32 countries, with Laos being the top recipient at $198 million, followed by Kyrgyzstan and the British Virgin Islands.