Foreign investment activities to blossom in 2006

mprovements in investment environment, public administrative reform and particularly efforts by localities to deal with business obstacles through regular and direct dialogues, have resulted in high inflows of foreign direct investment (FDI) into Vietnam this year, according to experts.

Vietnam to hit US$5.8 billion in FDI

According to the Ministry of Planning and Investment (MPI), during the past 11 months, Vietnam attracted US$5.61 billion in foreign direct investment (FDI), an increase of 40.3 percent compared the same period last year.

Dong Nai province lures additional US $885 million investment

Southern Dong Nai province has so far this year attracted US $885 million in 195 new and operational Foreign Direct Investment (FDI) projects, up 44% from its target.