(ĐN)- Dong Nai provincial People’s Committee reported a sharply decrease in attracting foreign and domestic investments in first six months of the year.
(ĐN)- Dong Nai provincial People’s Committee reported a sharply decrease in attracting foreign and domestic investments in first six months of the year. The decline was caused by the effects of the global economic slowdown and high domestic inflation.
Particularly, the province is estimated to lure US$360 million in foreign direct investment (FDI) in first half, including the newly registered funds and extra capital from operational projects, fulfilling more than 21 percent of the year’s target. It also attracted more than VND6 tril in domestic investment, making up over 20 percent of the year’s plan.
In this period, more than 1,000 new privately owned enterprises have been established in Dong Nai with a combined capital of VND6 tril and operational enterprises have registered to expand their operations with a total additional capital of around VND3 tril, decreasing 10 percent compared to the same period of 2010, accounting for 56 percent of the yearly target.
Reported by V.L
