Tag: USD
Vietnam’s overseas investment hits 4.4 billion USD
Vietnam now has 368 valid projects, capitalised at almost 4.4 billion USD being implemented in foreign countries, the Foreign Investment Department under the Ministry of Planning and Investment has announced. Phnom Penh, Cambodia, where attracts many projects of Vietnam.Asia is the country’s largest market, benefiting from 257 projects with a combined... Read more
Hoa Lac hi-tech park attracts 700 million USD investment
VietNamNet Bridge - The Hoa Lac Hi-Tech Park has so far granted investment licences to 32 projects with a total registered capital of about 700 million USD. According to the parks’ management board, the park licensed 8 projects worth 275.4 million USD in 2008.The board is now discussing with investors on 27 other potential projects with a combined capital... Read more
Hanoi’s IPs expect to lure 300 million USD in FDI
VietNamNet Bridge - Hanoi expects to attract 35 foreign investment projects in industrial parks (IPs) with a total registered capital of 150 million USD and approve an additional investment of another 150 million USD in 2009. VietNamNet Bridge - Hanoi expects to attract 35 foreign investment projects in industrial parks (IPs) with a total registered capital... Read more
Vietnam lures over 64 billion USD in FDI in 2008
VietNamNet Bridge – Vietnam attracted 1,171 new foreign direct investment (FDI) projects with a total registered capital of over 60.2 billion USD in 2008, tripling last year’s figure, reported the Foreign Investment Department under the Ministry of Planning and Investment (MPI). Vietnam attracted 1,171 new foreign direct investment (FDI) projects... Read more
Ten prosecuted in million USD football betting case
VietNamNet Bridge – HCM City police on Tuesday announced to finalize inquiry of an online football betting case, proposing the People’s Procuracy to prosecute ten defendants for gambling and organizing betting. Three major defendants in the football betting case. According to police, in January 2007, a woman named Tuyet (her identity is... Read more
75 million USD to sharpen Vietnam’s agricultural edge
VietNamNet Bridge – A credit agreement in support of a project to increase Vietnam’s agricultural competitiveness, which is totally worth almost 75 million USD, was signed in Hanoi on Dec. 9. The World Bank approved a 59.8 million USD credit facility, with the remainder being sourced from the state-budget, the agri-business sector and the nation’s... Read more
2 million USD in foreign aid for local flood victims
VietNamNet Bridge – As of Nov. 25, foreign organisations had donated a total of almost 2 million USD to help the victims of recent floods in 17 northern and central localities in Vietnam , according to Doan Van Thai, The floods, triggered by prolonged rains across northern and central Vietnam earlier this month, killed 82 people and destroyed 180,400 houses... Read more
WB provides 200 million USD for rural development
VietNamNet Bridge – The World Bank (WB) will provide a 200 million USD loan to Vietnam to help it carry out the Rural Finance Project 3, which has been designed to develop the country’s rural economy. The Governor of the State Bank of Vietnam (SBV) Nguyen Van Giau and WB’s Acting Country Director in Vietnam Martin Rama signed a loan agreement... Read more
Vietnam-China trade expected to reach 20 billion USD by 2010
VietNamNet Bridge – Two-way trade between Vietnam and China is expected to reach 15 billion USD this year, increasing to 20 billion USD by 2010, said Prime Minister Nguyen Tan Dung. At a reception in Hanoi on Nov. 10 for the Chinese Ambassador to Vietnam Hu Qianwen, who attended to say farewell as his working term in Vietnam ended, PM Dung spoke of the... Read more
Investors sought for 1.2 billion USD urban railway project
VietNamNet Bridge – The private sector is being encouraged to pour investment into Hanoi’s estimated 1.2 billion USD urban railway No. 5 in the form of build-operate-transfer (BOT). Vietnam Railway’s Department Director Vu Xuan Hong told the participants that the country’s railway laws permit all investors both at home and abroad to invest... Read more
