Vietnam Industry, Trade Sector to Invest $12.05B in 2010, up 53.3%

10:10:19 AM | 1/23/2010

The Ministry of Industry and Trade’s units are expected to invest a total VND222.6 trillion ($12.05 billion) in 2010, jumping 54.3% from a year earlier.
 
Of the total figure, corporations 91 that were set up under the Prime Minister’s Decision No. 91 in 1994 will invest VND218.2 trillion to expand their businesses, up 54.9% on-year, according to the MoIT.
 
Corporations 90 that were established under the PM’s Decision No. 90 in 2000 will inject VND4 trillion, up 1.4% on year, the MoIT said.
 
Last year the corporations invested VND145.225 trillion, up 29.8% on-year. (Vietnam economic Times)