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Vietnam: Foreign investment to reach 9 billion USD in 2006.

Thai Press Reports

| December 05, 2006 | COPYRIGHT 2008 Thai News Services. (Hide copyright information)Copyright

(From Thai Press Reports)

Section: Regional News - A senior official estimated that foreign direct investment in the country in 2006 would rise 31.7 percent from the previous year to 9 billion USD, hitting the all-time high since 1987 when the foreign investment law was enacted.

The sum, including new investments and increased investments in existing projects, would also present a 38.5 percent rise compared with the yearly plan, said Phan Huu Thang, Director of the Foreign Investment Department under the Ministry of Planning and Investment.

He estimated that foreign-invested enterprises' revenues would reach 30 billion USD, or a 36.4 percent …

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