English
Vietnam has set a target of luring just 20 billion USD in foreign investment this year, nearly one-third of 2008’s figure, due to the global economic downturn.
Despite this modest target, foreign investors still appreciate Vietnam ’s investment environment and its mid- and long-term prospects, according to Phan Huu Thang, Head of the Ministry of Planning and Investment’s Foreign Investment Department.
Thus, Vietnam will still attract plenty of foreign investment after 2010, he added.
To maintain this growth rate, Nguyen Thanh Bien, Deputy Minister of Industry and Trade said trade promotion and the investment environment should be further improved.
Vietnam lured 1,171 foreign development investment (FDI) projects last year worth over $64 billion, nearly double that of 2007. Among them are eight o...
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Located north of the historic resort town of Vung Tau, Long Hai is the new destination with sandy beaches, tranquil blue seas and fresh breezes.Along ...
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