Oil-rich province sees first New Year investors
The southern coastal province
of Ba Ria-Vung Tau granted licences to 12 investment projects on
February 11, the fourth working day of the Year of the Cat.
The southern coastal province
of Ba Ria-Vung Tau granted licences to 12 investment projects on
February 11, the fourth working day of the Year of the Cat.
Eight of them are domestic investment capitalised at over 4.3
trillion VND (roughly 219.3 million USD) and the other four with a
combined investment of 70 million USD are foreign invested. They make up
30 percent of the provincial plan for investment attraction this year.
Up to late 2010, Ba Ria-Vung Tau, an oil-rich and
beach resort site, has attracted 282 foreign investment projects
capitalised at 27.5 billion USD and 379 domestic investment projects
capitalised at almost 170 trillion VND./.
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