FDI sees increase in first five months

According to the Foreign Investment Agency under the Ministry of Planning and Investment, the country has licensed investment certificates for 398 projects for a total registered capital of US$5,091 billion, presenting a year-on-year increase of 5.8 percent in the first five months.

According to the Foreign Investment Agency under the Ministry of Planning and Investment, the country has licensed investment certificates for 398 projects for a total registered capital of US$5,091 billion, presenting a year-on-year increase of 5.8 percent in the first five months.

Agricultural products including rice, coffee and rubber are estimated to reach over $5.48 billion. (Photo:KK)
Agricultural products including rice, coffee and rubber are estimated to reach over $5.48 billion. (Photo:KK)

There are also 160 capital-increased projects worth $3,426 billion, up by 14 percent over last year.

Around $4.58 billion was disbursed in the first five months, figuring a year-on-year increase of 1.6 percent.

The processing and manufacturing industry has attracted foreign investors with 191 newly registered projects of $7,597 billion. The real estate sees a total capital of $387.37 million.  The wholesale and retail sector draws 57 projects worth $141.47 million.

According to the Ministry of Agriculture and Rural Development, export turnover of agriculture, forestry and aquaculture products reached $2,186 billion in May, and touched $10,705 billion the first five months of this year, a decrease of 4.6 percent compared to the same period last year.

Agricultural products including rice, coffee and rubber are estimated to reach over $5.48 billion, decreasing 13.1 percent compared with the same time last year. Aqua products gained $2,206 billion, down 5.6 percent; and forest products were at $2,105 billion, up 10.1 percent.

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