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Vietnam Northern City FDI to Triple to US$1.4 Bln This Year
Date: 4/25/2009 11:40:00 AM
Vietnam’s northern port city of Haiphong is expected to lure US$1.4 billion of FDI this year, more than triple of last year’s figures, Vietnam Economic Times said, citing a municipal official.

In Nov, the city authorities licensed four FDI projects with registered capital of US$15 million, bringing the total number of licensed FDI projects to 39 totaling US$606.74 million, the paper said.
 
There have been 22 existing projects added with US$689.9 million, local authorities said.
 
So far, Haiphong City has a total of 276 valid FDI projects totaling US$3.892 billion. The city authorities have revoked licenses from 26 FDI projects. (Vietnam Economic Times)
(Source:VCCI)
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