More than 170 foreign direct investment (FDI) projects have been revoked licences due to slow progress of implementation in the southern province of Dong Nai since the Foreign Investment Law came into effect in 1988.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.
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 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.
