In November, the agriculture, forestry, and fisheries sector in Vietnam registered 2 new projects with US$3.1 million in newly registered capital, according to Vietnam’s Ministry of Planning and Investment. This was the same as October, which recorded no new projects and US$924,000 in newly registered capital.
Year-to-date (YTD), the sector has attracted a total of 11 new projects and US$94.7 million in newly registered capital, reflecting solid growth for the year.
The agriculture, forestry, and fisheries sector remains an essential part of Vietnam’s economy, supporting both domestic production and export markets. This sector continues to benefit from investment, particularly in agriculture, food production, and sustainable forestry.
Key foreign firms in this sector in Vietnam include companies such as Olam International, Nestlé, and Cargill, which contribute to agricultural production, seafood processing, and related industries.
Although November’s figures indicate a steady pace, the sector’s contribution to Vietnam’s economy remains significant, with opportunities for further growth and investment.
See also: Agriculture Industry in Vietnam