Meanwhile, the disbursed FDI volume was estimated at US$8.9 billion in January-May period, a rise of 7.9 percent against the same period last year.

The GSO also reported that Viet Nam's trade with the rest of the world increased by 5.8 percent to US$78.64 billion in May and soared by 15.7 percent to US$355.79 billion from the same period last year.

Of the above figure, export value was estimated at US$39.6 billion in May and US$180 billion in the first five months.

The U.S. remains the largest importer of Vietnamese goods with US$57.2 billion while China was Viet Nam's largest source of imports with US$69.4 billion.

On tourism, Viet Nam welcomed nearly 9.2 miilion foreign arrivals in the first five months, up 21.3 percent from the same period last year./.