In 2010, the total foreign invested investment (FDI) capital for Hanoi is expected to increase 1.5 fold against 2009′s, according to the Hanoi Department of Statistics. This is the signal indicating the strong recovery of economies after the global economic recession. As estimated, in 2010, the capital city attracted about 350 FDI projects valued at [...]
Foreign direct investment is estimated to have dropped more than 84 percent year on year in January to $187.6 million, according to the General Statistics Office of Vietnam. Forty new foreign projects worth $182.3 million were licensed while five existing ones hiked their investment by $5.3 million. The processing and manufacturing sector remained the most [...]
During the first 20 days of January 2011, HCM City licensed 14 foreign-funded projects amounting to $43 million, the Thoi Bao Kinh Te Saigon newspaper reported, citing Vo Van Luan, Chief of HCM City People’s Committee office as saying on January 24. Another six FDI projects were registered to be increased in capital size with [...]
Industry Newly licenced projects Additional capital (million USD) Projects with additional capital Manufacturing, processing industry 299 3,157.7 152 Electricity, gas and water production and supply 6 2,942.9 1 Real estate trading 19 2,722.0 5 Construction 110 1,117.4 5 Transporting and warehousing 11 815.5 3 Accommodation and restaurant 27 205.7 2 Wholesaling, retailing, repairing 95 348.1 [...]
Vietnam had licensed 658 new projects worth US$10.79 billion in the first eight months of 2010, up 41 percent in value from the same period of last year. This figure is relatively good result given the current economic context. Also during this January-August period, the country allowed 143 projects to add US$787 million to their [...]
Chan May-Lang Co Economic Zone (EZ) in the central province of Thua Thien-Hue has attracted 10 foreign-invested projects totaling US$1.35 billion so far. Among those, a US$1-billion ecological tourism resort project invested by Singapore’s Banyan Tree Group is the biggest in the zone. Thua Thien-Hue province has spent over VND1.6 trillion to upgrade the zone [...]
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