Vietnam attracts over US$12 billion worth of FDI in five months
So far this year, the country has licensed 939 new investment projects with a total registered capital of US$5.59 billion, equivalent to 73.9% of the 2016 figure. Another 437 projects have registered to increase capital by US$4.74 billion, up 83% from last year.
The January-May period saw over 2,060 arrivals of foreign investors, who have contributed capital through the purchase of shares, leading to a total capital contribution of US$1.79 billion, representing a 116.2% increase against the previous year.
As of May 20, FDI disbursement had reached US$6.15 billion, up 6% over the same period of 2016.
The manufacturing industry remained the largest FDI attraction in five months with an investment of US$8.09 billion, claiming 66.7% of the total figure for the period. The mining sector came second with US$1.28 billion (10.5% of the total), followed by the retail and wholesale industry with US$798 million (6.5% of the total).
The Republic of Korea was the largest foreign investor in Vietnam in the first five months of 2017 with a US$4.41 billion (36.4% of the total) investment, followed by Japan with US$1.94 billion (16%) and Singapore with US$1.23 billion (10.21%).
Bac Ninh province attracted the most FDI capital from January to May with US$2.76 billion (22.7% of the total), followed by Binh Duong with US$1.64 billion (13.5%) and Ho Chi Minh City with US$1.39 billion (11.4%).
Source: Dan Tri
Agro-forestry and fishery exports reach US$13.7 billion in five months
According to a report by the Ministry of Agriculture and Rural Development (MARD), the export value of primary agricultural products since the beginning of this year was estimated at US$7.3 billion, up 12.6% against the same period last year.
The export turnover of seafood products in May was reported at US$ 618 million and US$ 2.8 billion for the period of January-May, an annual increase of 10.4%. The US, Japan, China and the Republic Korea are the four biggest importers of Vietnamese seafood, accounting for 53.5% of the total export revenue.
Meanwhile, Vietnam’s fruit and vegetable exports in the first four months of the year surged by 38% over the same period last year to US$1.38 billion.
During the same period, the exports of wood and wooden products were estimated at US$2.9 billion, an annual increase of 9.9%.
The total volume of rice exports in the past five months reached 2.3 million tonnes, worth US$1 billion, an increase of 1.6% in volume and 1.2% in value compared to the same period of 2016, with China being the largest consumer.
At the same time, coffee exports were valued at US$ 1.57 billion, a decrease of 15.9% in volume but an increase of 11% in value over the past year.
Additionally, the import value of the agricultural forestry and fishery sectors was estimated at US$11.02 billion in the first five months, up 23.6% against the same period last year.
Source: Nhan Dan
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