Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests can post but they do have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.


We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."

Join Us for Dinar Discussions and More -- We Keep it REAL
HomeSearchMemberlistFAQLog inRegister
Help Us Drain the SWAMP in DINARLAND

REPORT TONY RENFROW for violating his Court Order to stay away from Dinar -

Judge's email: ksd_murguia_chambers@ksd.uscourts.gov
PHONE - 913-735-2340

DA's email: Scott.Rask@usdoj.gov
PHONE - 913-551-6730

Key Words
Adam Montana, AdminBill, Benjamin Fulford, Currency Exchange, David Schmidt, Dinar, Dinar Guru, Dinar Recaps, Dinar Rv, Dinar Scam, Dr Clarke, Frank26, Gary Larrabee, Gurus, Guru Hunters, JerzyBabkowski, Kaperoni, Kenny, Monetary Reform, Mnt Goat, My Ladies, Okie, Poppy, RamblerNash, Ray Renfrow, Redenomination, Revaluation, Ssmith, TNTBS, Tnt Tony, WING IT, We Are The People, Willis Clark, WSOMN, Yosef, Zap
Post new topic   Reply to topic
Share | 

 Vietnam makes major Foreign Direct Investment gains

Go down 

Posts : 34762
Join date : 2011-08-09

PostSubject: Vietnam makes major Foreign Direct Investment gains   Mon Jun 03, 2013 12:17 am

Vietnam makes major Foreign Direct Investment gains

Viet Nam witnessed a surge in newly registered and additional FDI in the first five months of this year. Totalling US$8.51 billion, the amount was an increase of 8.9 per cent over that of the same period last year.

The country licensed 398 foreign-invested projects with newly-registered capital of more than $5 billion, and permitted 160 others to have additional capital of $3.42 billion, up 5.8 per cent and 14 per cent respectively from last year.
An estimated $4.58 billion from the foreign-invested projects has been disbursed over the last five months, a 1.6 per cent year-on-year increase, according to the Ministry of Planning and Investment’s Foreign Investment Agency.
The processing and manufacturing industries still top the list of the 18 sectors that received foreign investment. They are seeing new and additional capital of $7.5 billion, followed by the property, wholesale and retail sectors.

Among the projects given the go-ahead, authorities approved a plant that will be built by Samsung Electronics Vietnam to produce and assemble hi-tech electronic products with a total investment of $2 billion in Thai Nguyen Province.
They also allowed additional capital of $2.8 billion for Japan‘s Nghi Son Oil Refinery Ltd Co project in Thanh Hoa Province.

According to the agency, among the 40 countries and territories that have invested in Viet Nam, Japan ranked first with newly-registered and additional capital of $3.6 billion in the reviewed period, followed by Singapore with $2.3 billion and Russia with $1 billion.

Central Thanh Hoa Province led other localities in FDI attraction with $2.8 billion in the aforementioned time. Northern Thai Nguyen came second with over $2 billion and central Binh Dinh Province, third with more than $1 billion.
Up to $450 million in FDI was registered in the southern province of Dong Nai in the first five months, equivalent to 45 per cent of its target of $1 billion for the year, according to the provincial Department of Planning and Investment.
Of the total, $190 million came from 22 newly-licensed projects while the remainder came from 26 existing projects that increased their capital.

Pledge to aid investment

Provincial authorities have vowed to create further favourable conditions for foreign investors in the locality.
This would include speeding the construction of infrastructure in local industrial zones and other facilities, paving the way for the development of support industries as well as smooth transport and providing easier access to credit, said vice chairwoman of the provincial People’s Committee Phan Thi My Thanh.
Furthermore, regular dialogues would be held for investors and authorities to iron out problems and come up with necessary assistance.

Local authorities also pledged to adjust policies on investment, taxes and land use to help businesses develop.
In 2012, the province attracted nearly $2 billion in FDI and over VND13 trillion ($619 million) in domestic investment.

Back to top Go down
View user profile
Vietnam makes major Foreign Direct Investment gains
Back to top 
Page 1 of 1

Permissions in this forum:You can reply to topics in this forum
Post new topic   Reply to topicJump to: