Ha Noi attracts $5.8m foreign capital

Jun 18th at 13:34
18-06-2014 13:34:22+07:00

Ha Noi attracts $5.8m foreign capital

The capital city has granted licences to 44 foreign-invested projects in the IT sector since the beginning of this year, according to the municipal Department of Information and Communications.

Of the total, 19 were new projects, capitalised at US$5.8 million, the department director Phan Lan Tu said, adding that during the period, Japan ranked first in new foreign investment in Ha Noi with 11 projects. It was followed by South of Korea with five projects.

Meanwhile, twenty-five operating projects also allowed to increase their investment, Tu said.

The department has approved in principle the drafting of a proposed zoning plan mapping out a 70–80 hectare high-tech software park in Nguyen Khe and Tien Duong communes in Ha Noi's Dong Anh District, she announced.

bizhub



NEWS SAME CATEGORY

Intel unveils major expansion plans

Intel Products Vietnam has revealed that it plans to double locally-sourced material value within this year.

Vinafood 2 denies kickback allegation in Philippine rice contract

Vietnam Southern Food Corporation (Vinafood 2) has rejected a news report that the firm had bribed a Filipino official to win a government-to-government rice export...

Firms turn to agriculture alternatives

While Viet Nam's property market is sluggish, Thu Duc Housing Development Corp has decided to invest in agriculture business as a subsidiary to the major business...

Firms try to cut reliance on imports

Increasing the localisation rate would be one measure that could reduce enterprises' reliance on imported raw materials, according to independent market watchdogs.

Coca-Cola bubbles with joy over first profits

Despite Coca-Cola being the biggest beverage company and one of the most valuable brands in the world, it has apparently taken almost 20 years to make a profit in...

WB maintains Vietnam’s 2014 GDP growth forecast

The World Bank has forecast Vietnam’s GDP growth in 2014 at 5.5 percent in its latest Global Economic Prospect report, unchanged from its previous projection...

Vietnamese farmers seek to reduce reliance on China with new markets

Fruit and vegetable growers in Vietnam’s Mekong Delta are trying to extend their markets into other regional countries and even the EU in an attempt to reduce their...

Investment guru Marc Faber to join VIF 2014 as keynote speaker

Legendary investment advisor Dr. Marc Faber will be the keynote speaker at the Vietnam Investment Forum (VIF) 2014 that is scheduled to take place on June 19 in...

Filipino minister accused of taking bribes in rice-contract deal with Vietnam

The Philippines Minister of Agriculture Proceso Alcala has been accused of taking bribes from the Southern Food Corporation (Vinafood 2) in exchange for the grant...

Retailers seek World Cup gains

With the football World Cup around the corner, retailers, electronics stores, and supermarkets have kicked off a slew of promotions.


MOST READ


Back To Top