Vietnam Province Expects US$3B FDI This Year

1:52:38 PM | 10/21/2009

Vietnam’s southern province of Dong Nai expects to attract US$3 billion in foreign direct investment (FDI) this year, surpassing the year target of US$2 billion.
 
Between January and September, the province licensed 26 FDI projects valued at US$2.76 billion.
 
Most of FDI projects in the province are in the areas of services, banking, tourism, realty, electrics and supporting industry.
 
Dong Nai is encouraging foreign companies to invest in hi-tech and environmentally-friendly projects.
 
The province now has 980 valid FDI projects totaling US$15.54 billion, being among the top ten localities in Vietnam in attracting FDI. (Saigon Economic Times)