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VIETNAM MINISTER OPTIMISTIC ABOUT 2003 ECONOMIC PROSPECTS.

Publication: AsiaPulse News

Publication Date: 31-DEC-02
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COPYRIGHT 2002 Asia Pulse Pty Ltd

HANOI, Dec 31 Asia Pulse - Minister of Planning and Investment Vo Hong Phuc has expressed full optimism about Vietnam's economic development in 2003 despite a number of difficulties ahead.

In an interview with the Trade Union's newspaper Lao Dong on Dec. 30, the planning executive said 2002 witnessed major progress in foreign direct investments, namely increase in both the number of projects and disbursed capital. Capital disbursement by licensed projects surged by 13.9 per cent to US$2.3 billion and the sector's turnover rose by 10 per cent, enabling it to increase its...

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