Vietnam News Network

Vietnam News: Local, National, Business, Sport, Entertainment and Technology

Trade ETHUSD, Bitcoin and Cryptocurrencies

BUY & SELL ETHUSD | View ETHUSD News & Updates

Buy Sell ETHUSD, Bitcoin and Cryptocurrencies

Foreign Investment Tumbles In HCMC   2009-11-03 - Vietnews

 Foreign investment in Ho Chi Minh City over the first ten months fell to $1.1 billion, a three-year low and down from last year’s $8.2 billion, according to the city’s Department of Planning and Investment.
There was no cash pumped into Thu Thiem and northwest Cu Chi, two new urban areas which had drawn serious investments in recent years.

Saigon Hi-tech Park brought in only three projects. Three export processing zones and 10 other industrial parks in the city combined to tack on a modest 13 projects.

It was more of the same story outside of the zones. Only 262 licenses were granted at a combined value of over $325 million - mainly in retail, import-export services and real estate investment.

According to HCMC’s Department of Planning and Investment, foreign investment to
Vietnam has been bleak since last year.

Other news

Vietnam aims to sell $1 bln bond by early 2010: source   2009-11-03

Eximbank’s listing to give a fillip to bank stocks: analysts   2009-11-03

$100 mil hotel-villa complex breaks ground in Da Nang   2009-11-03

Nam Roi grapefruit set to penetrate the US   2009-11-03

Vietnam firms confident about anti-crisis strategies: Nielsen   2009-11-03

Japanese firms lament ‘passivity’ of could-be local partners   2009-11-03

BUSINESS IN BRIEF 3/11   2009-11-03

Banks and securities companies hurry to the altar   2009-11-03

Government reportedly readies big bond sale   2009-11-03

HCM City orders probe into $400mil healthcare project   2009-11-03

Former US trade rep to advise on bilateral trade   2009-11-03

Japanese firms lament ‘passivity’ of could-be local partners   2009-11-03

Jetstar Pacific told to scrap logo   2009-11-03

BUSINESS IN BRIEF 2/11   2009-11-02