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Da Nang licenses FDI Projects worth USD 150M, up 9 folds-on year
Date: 5/27/2009 9:50:47 AM
The central city of Danang has so far this year licensed nine foreign direct investment (FDI) projects capitalized at US$150 million, up nine folds on-year, said the municipal Department of Planning and Investments said.
Currently, the central locality houses 155 FDI projects totaling US$2.66 billion with 40% of this disbursed. The U.K. is the biggest foreign investor in the city. FDI enterprises now account for 20%-25% of the province’s total industrial value, 30%-35% of its exports and contributed 17%-20% to the budget revenues.
(Source:VNBusinessNews)
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NEWS CATALOGUE
- Vietnam will become a destination for Chinese investors in the future
- What do FDI enterprises recommend to the Vietnamese Government?
- Up to now (2023), how much money have Asian tigers invested in Vietnam?
- Another semiconductor manufacturer expands in Vietnam
- Billions of dollars poured into Vietnamese semiconductor projects
