FDI into Tay Ninh province increases by 2.6 times
So far this year, the southern province of Tay Ninh has
attracted 432.3 million USD of foreign direct investment, 2.6 times the
figure the same period last year.
So far this year, the southern province of Tay Ninh has
attracted 432.3 million USD of foreign direct investment, 2.6 times the
figure the same period last year.
Of the total, new investment is nearly 260 million USD and the rest, additional investment from existing projects.
Most of the investment is from China , Republic of Korea , Hong Kong , Brunei and Thailand , a large part of which is made to garment, fabrics, automobiles, paint and animal feed.
At present, Tay Ninh, one of the largest destinations for FDI in the country, counts 217 foreign invested projects with a combined capital of 2.4 billion USD.
In the period under review, foreign invested projects have recorded a total revenue of 426 million USD, 21.8 percent higher than that in the same period last year; paid 148.8 billion VND (7.08 million USD) to the State budget, 63.6 percent more than the first half of 2013; and created jobs for over 80,000 local workers.-VNA
Of the total, new investment is nearly 260 million USD and the rest, additional investment from existing projects.
Most of the investment is from China , Republic of Korea , Hong Kong , Brunei and Thailand , a large part of which is made to garment, fabrics, automobiles, paint and animal feed.
At present, Tay Ninh, one of the largest destinations for FDI in the country, counts 217 foreign invested projects with a combined capital of 2.4 billion USD.
In the period under review, foreign invested projects have recorded a total revenue of 426 million USD, 21.8 percent higher than that in the same period last year; paid 148.8 billion VND (7.08 million USD) to the State budget, 63.6 percent more than the first half of 2013; and created jobs for over 80,000 local workers.-VNA
You should also see
Youths' efforts yield socio-economic fruits
Many activities were carried out across the nation during the Vietnam’s Youth Month, an annual festivity taking place in March to celebrate the establishment of the Ho Chi Minh Communist Youth Union (HCYU), contributing to the nation’s socio-economic development, heard a conference held by the union's Central Committee in Hanoi on April 23.
See more
Business
SBV takes more actions to stabilise foreign exchange rates
The State Bank of Vietnam (SBV) on April 23 took some moves like issuing treasury bills (T-bills), further employing T-bills as an open market operation (OMO), and stipulating liquidity and interest rates in the inter-bank market in the face of surging USD/VND exchange rates.
Business
Businesses concerned about rising exchange rate pressure
Though the State Bank of Vietnam (SBV) has announced it is selling the US dollar to intervene in the USD/VND exchange rate since April 19, the greenback price has remained high, which has been directly affecting many domestic enterprises.
Business
Pepper prices continue increase trend
Pepper prices are forecast to soon exceed 100,000 VND per kilo on the domestic market.
Business
French auction house to open office in Vietnam
France’s Millon Auction House has decided to open its representative office in Vietnam, and is preparing necessary steps for the official opening of the office in the near future.
Business
3,400 taels of SJC-branded gold bars successfully auctioned
The State Bank of Vietnam auctioned 16,800 taels of SJC-branded gold bars in Hanoi on April 23. This is the first auction of this kind in 11 years.
