Exhibition to promote foreign investment

Investment cooperation forum and FDI exhibition, Vietnam Forinevest 2005, held by the Foreign Investment Department (Ministry of Planning and Investment) and Vinexad

Investment cooperation forum and FDI exhibition, Vietnam Forinevest 2005, held by the Foreign Investment Department (Ministry of Planning and Investment) and Vinexad; this is the second exhibition of foreign invested enterprises to be held in Vietnam. It will take place at Giang Vo Exhibition Centre, Hanoi. The first was organised in 1996, attracting 200 FDI enterprises and making a positive impact on foreign investment activities.

Phan Huu Thang, Head of the Foreign Investment Department, said that foreign investment in Vietnam has grown rapidly in recent times.. In the past eight months, registered foreign investment capital reached US$3.46bil, up by 49.2%. In 2004, the country attracted $4.2bil of FDI, an increase of 34.7% over 2003.

Vietnam Forinvest provides an opportunity to confirm Vietnam’s opening and international integration policy, and honour the achievements and contributions of FDI enterprises in Vietnam. The Foreign Investment Department will organise a workshop entitled “FDI in Vietnam – policy and solutions” and one on potentials, opportunities and investment policies in some provinces and cities in Vietnam.

According to the organisers, around 300 FDI enterprises, multinational groups and investors have registered to join the event.

(Source: VietNamNet)