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Southern province prime for FDI: Japanese businessmen

The investment environment in southern Binh Duong province as well as across the whole Vietnam is highly favourable for foreign businesses, said President of the Japanese Kaneka Corporation, Masatoshi Takeda.

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Investment Law to create favourable conditions for business environment in Vietnam

The 2005 Investment and Enterprise Law, which came into efftect on July 1, 2006, is expected to help create an equal and attractive business environment for investors. Enterprises hope that the decree providing guidelines for implementing the investment law will meet their demand for explicit and quick investment procedures.

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Efforts to attract 6.5 billion USD of FDI in 2006

Vietnam will license large and important foreign direct investment (FDI) projects in the second half of this year in order to fulfil the yearly target of attracting 6.5 billion USD of new registered capital, according to the Ministry of Planning and Investment.

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