Dong Nai: Eight FDI projects’ licences revoked
Eight foreign direct investment projects capitalizing at 13 million USD
in southern Dong Nai province had their investment licences revoked in
2014, given their expired licences were yet renewed.
Eight foreign direct investment projects capitalizing at 13 million USD
in southern Dong Nai province had their investment licences revoked in
2014, given their expired licences were yet renewed.
Nine other FDI enterprises with a combined capital of 96 million USD were dissolved due to their inefficient operations, the Management Board of Dong Nai Industrial Zones has reported.
According to Mai Van Nhon, Deputy Director of the Management Board, the move, which will be taken in the following years, aims to ensure a healthy investment climate for capable investors.
In 2014, the province attracted 1.7 billion USD in FDI, doubling its yearly target. The investments came from 159 new projects and expanded ones.
Dong Nai now has 1,131 valid foreign projects with a total investment of nearly 21.49 billion USD.
It is home to 31 industrial zones covering nearly 9,560ha, with the land occupancy rate of 66.77 percent, according to the Managing Board.
The province, which ranked third in terms of the most attractive foreign investment destinations in 2014, eyes 1 billion USD in FDI in 2015.
Dong Nai, together with Binh Duong, Tay Ninh, Ba Ria-Vung Tau, Binh Phuoc, Long An and Tien Giang provinces and Ho Chi Minh City, form Vietnam’s southern key economic region.-VNA
Nine other FDI enterprises with a combined capital of 96 million USD were dissolved due to their inefficient operations, the Management Board of Dong Nai Industrial Zones has reported.
According to Mai Van Nhon, Deputy Director of the Management Board, the move, which will be taken in the following years, aims to ensure a healthy investment climate for capable investors.
In 2014, the province attracted 1.7 billion USD in FDI, doubling its yearly target. The investments came from 159 new projects and expanded ones.
Dong Nai now has 1,131 valid foreign projects with a total investment of nearly 21.49 billion USD.
It is home to 31 industrial zones covering nearly 9,560ha, with the land occupancy rate of 66.77 percent, according to the Managing Board.
The province, which ranked third in terms of the most attractive foreign investment destinations in 2014, eyes 1 billion USD in FDI in 2015.
Dong Nai, together with Binh Duong, Tay Ninh, Ba Ria-Vung Tau, Binh Phuoc, Long An and Tien Giang provinces and Ho Chi Minh City, form Vietnam’s southern key economic region.-VNA
You should also see
Energy industry needs nearly 5 trillion VND of investment in 2021-2030
The total investment capital demand for the whole energy sector in the 2021-2030 period is between 4.13-4.8 trillion VND (163.01-189.46 million USD), according to a plan to implement the National Power Planning in the 2021-2030 period with a vision to 2050.
See more
Business
Long An, Dong Nai introduce strengths in RoK
The southern province of Long An and Dong Nai introduced their investment climate as well as socio-economic development orientations at an investment promotion conference held in the Republic of Korea (RoK) on April 26.
Business
Vietnam makes initial efforts to approach creative industries: CIEM
Vietnam has made initial efforts to approach creative industries and services, particularly a policy framework related to creative economy development, according to a new report released by the Central Institute for Economic Management (CIEM).
Business
HCM City wants to become major partner, customer of NVIDIA: Official
Chairman of the People’s Committee of Ho Chi Minh City Phan Van Mai has told the Vice President of Worldwide AI Initiative at NVIDIA, Keith Strier that the city wants to become a major and good partner and customer of the firm in Vietnam.
Business
Revenue on top five e-commerce platforms jumps 79%
The e-commerce market of Vietnam was robust in the first quarter of this year with total revenue of the top five platforms, including Shopee, TikTok Shop, Lazada, Tiki and Sendo, reaching more than 71 trillion VND (2.79 billion USD), an increase of 79% over the same period last year, according to a recent report by Metric.
Business
Airports to offer 9,000 domestic flights during upcoming holidays
Vietnamese airlines are expected to operate 9,000 flights on domestic routes to meet the travel demand during the upcoming National Reunification Day (April 30) and May Day (May 1) holidays, according to the Airports Corporation of Vietnam (ACV).
