The southern coastal province of Ba Ria-Vung Tau granted investment licences to nine new projects, including two foreign-invested worth 61 million USD, on February 8.
The two FDI projects are a 34 million USD trade centre, invested by Lotte Vietnam of the Republic of Korea and a fertiliser plant worth 27 million USD with investments from Behn Meyer Agricare Vietnam of Germany.
Seven locally-invested projects are capitalised at over 6 trillion VND (285.7 million USD).
According to Nguyen Tuan Minh, Secretary of the provincial Party Committee, the province will prioritise investment poured in the support industry for the mechanic engineering, electricity-electronics and chemical sectors.
In 2013, Ba Ria-Vung Tau attracted 13 FDI projects worth 217 million USD and 29 others invested by local businesses capitalising at 14 trillion VND (666.6 million USD).-VNA
