Dong Nai's FDI attraction increases sharply in 2013

Dec 7th at 17:23
07-12-2013 17:23:10+07:00

Dong Nai's FDI attraction increases sharply in 2013

The southern province of Dong Nai attracted US$1.35 billion in foreign direct investment (FDI) so far this year, up 35 percent compared to its yearly target and 20 percent year-on-year.

According to the provincial Department of Planning and Investment, the province licensed 67 new projects with total registered capital of $651.3 million, while 68 existing projects were allowed to add a combined $700 million.

The FDI disbursement in 2013 reached $970 million, 7.8 per cent more than the yearly target, raising the province's cumulative disbursement to over $13 billion or 67.6 per cent of the total registered capital. Stepped-up investment promotion activities in Japan made the country the leading investor in the province, with newly registered and added investment of $465.7 million.

By December, the province had 1,059 valid projects worth $19.5 billion, according to the Department of Planning and Investment.

vietnamnews



NEWS SAME CATEGORY

ISPs lay ground for e-commerce growth

Enterprises are making the shift to online marketing and advertising, according to chairman of the Viet Nam Internet Association (VIA), Vu Hoang Lien.

Indian firms seek business partnerships

A multi-sector delegation of businesses from India met yesterday with executives of Vietnamese companies in HCM City to explore business opportunities.

Tourism firms’ thirst for awards resolved with poor prizes

It was not until the last month of 2013 that the Vietnam National Administration of Tourism (VNAT) began to organize the award-granting ceremony to honor tour...

Lotte Mart inaugurated in Binh Thuan Province

The Lotte Group from the Republic of Korea yesterday opened a new store in the central province of Binh Thuan, bringing its total number or stores in Viet Nam to...

HCM City hosts regional pharma exhibition

Domestic and international experts in the pharmaceutical field exchanged notes at the 8th Indochina Conference on Pharmaceutical Sciences that ended yesterday in...

Vietnam’s macroeconomic stability continues to improve

GDP growth in Vietnam will rise modestly to 5.5% by 2015, with macroeconomic stability largely restored, according to the World Bank’s latest report.

Workshop highlights new prospects for SMEs in ASEAN markets

Vietnamese small and medium-d enterprises (SMEs) stand a good chance of penetrating foreign markets and the world by joining ASEAN-related free trade agreements...

Manufacturing output rises in November

Viet Nam's manufacturing output increased last month for the second consecutive month. It was the highest rate recorded since September, 2011.

Rural goods come to supermarkets

The unique traditional features of rural markets and their specialities are being showcased at many modern distribution channels in an effort to promote Vietnamese...

Investors demand faster SOE reforms

The business community yesterday called for Viet Nam to speed up reforms of state-owned enterprises, as the country enters a new phase of economic reforms.


MOST READ


Back To Top