More than 170 foreign direct investment (FDI) projects have been revoked licences due to slow progress of implementation in the southern province of Dong Nai since the Foreign Investment Law came into effect in 1988.
With its favourable location, good infrastructure and moderate land prices, the southern province of Dong Nai has become the focus of attention of property developers in recent years, a seminar heard in HCM City on Thursday.
Authorities in the southern province of Dong Nai have provided support
to factories damaged in the riots on May 13-14 and are set to provide
more, they said at a meeting with affected companies in Bien Hoa city on
Wednesday.
The southern province of Dong Nai earned over US$1 billion from exports
in May, with a massive $931 million made by foreign-invested firms, a
trade official has reported.
The southern province of Dong Nai is striving to raise its industrial
production value to nearly VND574.5 trillion (US$27 billion) in 2014, up
13-14 per cent over the previous year.
The southern province of Dong Nai climbed to number four on the list
of provinces attracting the highest volume of foreign direct investment
(FDI), with US$19.64 billion flowing into the province by October 20.
Outstanding loans of commercial banks in the southern province of Dong
Nai increased 6.35 per cent between December and August, according to
the State Bank of Viet Nam''s Dong Nai branch.