Vietnam Central Highlands Reports Modest FDI
The central highland region of Vietnam has to date licensed 139 foreign direct investment (FDI) projects totaling US$680 million.
The figures were released at a meeting just held by the Central Investment Promotion Center-Central Vietnam under the Ministry of Planning and Investment (MPI) to call for more investors into the region.
Of the total capital, Lam Dong accounts for US$477 million, Kon Tum US$77 million, Gia Lai US$64 million and Dak Lac US$44 million and Dak Nong US$18 million.
Weak infrastructure and investment promotion activities as well as geographical difficulties are the main reason leading to the limited FDI inflow, said an official from the MPI. (Labor)