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COVER STORY

espite Covid-19 having affected pro-
duction and exports, Vietnam’s agri-
Capital coming D culture, forestry and fisheries sector
still managed to post growth of 3.82 per cent
in the first half of 2021 from its initiative and
flexibility, according to the General Statistics
Success has been seen in attracting FDI into Vietnam’s Office of Vietnam (GSO). It was also a positive
agriculture sector and further effort would go a long way to its sign for the sector in attracting the attention
potential being fulfilled. of and investment from foreign businesses.
T NGOC LAN REPORTS Foreign investment
GSO figures reveal that, in the first half,
agriculture, forestry and fisheries ranked in
the top 10 sectors in terms of FDI attraction,
with seven projects and capital of $78.65 mil-
lion. Growth was also impressive, increasing
3.69 per cent, lower only than the 4.24 per
cent posted in the first half of 2011 during
the 2011-2021 period and contributing 0.34
percentage points to the rise in total value-
added in the economy as a whole.
There are a number of foreign investors
already engaged in Vietnam’s agriculture sec-
tor, such as De Heus, GreenFeed, Cargill, and

8 | VIETNAM ECONOMIC TIMES | AUGUST 2021