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Submitted by ctv_en_2 on Wed, 01/24/2007 - 09:00
Vietnam attracted US$350 million in foreign direct investment (FDI) in January, up 2 percent against the same period last year, according to the Foreign Investment Department (FID) under the Ministry of Planning and Investment.

Of the figure, US$305 million came from 29 FDI projects newly licensed in January and US$45 million from additional investment in 10 existing projects.

 

A leading investor in Vietnam, Japan plans to build the Ho Xuong Rong new residential zone at a cost of US$100 million in the northern mountainous province of Thai Nguyen.

 

According to the FID, the number of investors seeking business opportunities in Vietnam is increasing. The Hon Hai Precision Industry of Taiwan is conducting a survey in northern Bac Ninh province to invest billions of US dollar in building a hi-tech electronics factory there.

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