Vietnam’s agriculture, forestry, and fisheries sector recorded no new foreign direct investment projects in October. Registered capital also saw a sharp decline, falling by 94.58 percent from US$17.05 million in September to just US$924,000 in October, according to Ministry of Planning and Investment data.
Year-to-date, the sector has attracted nine projects with total capital amounting to US$91.53 million. This significant decline reflects the challenges in attracting consistent FDI in agriculture-related industries, which often depend on specific seasonal and market-driven factors.
The agriculture sector’s performance underscores the need for targeted incentives to draw sustained FDI, particularly as Vietnam seeks to modernise its agricultural practices and improve productivity. That said, Vietnam’s agricultural sector remains vital to its economy and export market, appealing to investors focused on food security and sustainable farming.
See also: Vietnam’s Aquaculture Industry: Overview