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Submitted by ctv_en_3 on Tue, 07/03/2007 - 09:30

The midland province of Vinh Phuc has licensed 18 foreign investment projects worth US$200 million in the first half of 2007, representing a yearly increase of 138 percent.


The additional projects have brought the total in the province to 128 worth more than US$1.1 billion, reported the provincial administration.


Recently, the province has been extremely active in sending investment promotion delegations to other Asian countries to publicise its economic potential and provide lists of projects in need of investment.


The provincial administration has also closely supervised the progress of licensed projects and revoked six licences for delays in their rollout schedules.

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