Foreign investors registered to pour nearly US$890 million into 227 new and existing projects in Vietnam in January 1-20.

Inter-bank interest rates plunged due to massive capital flows into the Vietnamese market and difficulties in public investment disbursements, prompting the State Treasury to transfer a large amount of deposits at the State Bank of Vietnam to commercial banks last year.

The number of local consumers using E5 has been increasing rapidly though the bio-fuel has been put into use nation-wide for just nearly a month.

Vietnam is currently the third largest FDI investor in Laos with 276 projects worth roughly US$5 billion, according to the Ministry of Planning and Investment.

The coffee sector should improve output, quality and added value to be able to double the export turnover to US$6 billion by 2030, Luong Van Tu, chairman of Vietnam Coffee and Cocoa Association, said.