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Southern province attracts $19m in FDI

Aug 14th at 12:29
14-08-2012 12:29:32+07:00

Southern province attracts $19m in FDI

The southern province of Tay Ninh has attracted US$19 million in foreign direct investment (FDI) since the beginning of this year, according to the provincial Trade, Investment and Tourism Promotion Centre.

The latest addition has brought the total FDI registered in the province to $1.4 billion to date, a figure that has seen Tay Ninh ranked 9th among 63 provinces and territories nation-wide in terms of FDI attraction.

"We are attempting to speed up administrative reforms that can help foreign investors reduce the time and costs needed to implement their projects," said the centre's director Tran Huu Hau

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