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Update news investment in agriculture
Many businesses don’t want to invest in farm produce processing because it requires huge capital and brings low profits. Meanwhile, farmers face high risks and take losses during bountiful crops as they are not organized in a coordinated way.
In the first five months of this year, the agro-forestry-fishery sector accounted for the lowest ratio of foreign direct investment inflows.
Businesses have been identified as one of the factors for agricultural restructuring in Vietnam but only 1% of domestic enterprises have invested in this sector, heard a conference in Hanoi on Sunday.
VietNamNet Bridge – Agriculture, which has been described as unprofitable and risky for investors, is turning out to be attractive in the eyes of real estate and securities firms, who have tasted bitterness in their core business fields.