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VIETNAM ATTRACTS MORE FOREIGN CAPITAL JAN-OCT.

AsiaPulse News

| November 01, 2004 | COPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

HANOI, Nov 1 Asia Pulse - Vietnam has licensed 579 FDI projects so far this year, with a total registered capital of US$1.74 billion, up 17.2 per cent from last year, said the Ministry of Planning and Investment.

FDI now sits at $3.236 billion, including $1.496 billion for use in 388 enlarged operating projects, over the last ten months, up 36 per cent compared to the same period last year.

The ministry reported 43 projects, worth $2.1 billion, are waiting for approval. In October alone, 28 projects were licensed with a total capital of $62.8 million.

Nearly $2.4 billion from foreign investment has been in use, an increase of 5.3 per cent from last year.

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