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The central province of Quang Tri has embarked on a plan to improve information for foreign services in a bid to call for more foreign investment in key economic areas.
From early this year to July 2011, Chinese investors have invested in 805 FDI (foreign direct investment) projects in Vietnam, according to the General Department of Vietnam Customs (GDVC).
The Government should restrain the import of luxury goods to help curb the nation’s trade deficit, economists said.
Vietnam’s parboiling rice has been exported to Eastern European countries, Africa and some Asian countries. If its plan to expand export markets goes smoothly, it may export 150,000 tons of parboiling rice this year.
Minister of Transport Dinh La Thang has called on agencies under the ministry to prepare feasible policies and measures to mobilize investments to make Long Thanh International Airport in Dong Nai Province a reality by 2020.
Vietnam carefully considers the challenges involved in pursuing its strategy of nuclear power development, Deputy Minister of Science and Technology Le Dinh Tien told reporters.
Newly-emerging economies in Asia will continue to attract foreign investment after the crisis in the securities market thanks to high economic growth.
Vietnam may increase minimum wage to a maximum of VND2 million ($97) per month, VND100,000 ($4.8) higher than what was earlier planned.
Up to 197 low-cost housing projects for students, workers and low-income earners, covering around 6.8 million square meters, still remain unimplemented despite being planned for completion in 2010.
So far, European Union (EU) has been always amongst leading FDI (foreign direct investment) partners in Vietnam with a total pledged capital of some $31 billion, according to Multilateral Trade Department.
Deputy Prime Minister Hoang Trung Hai has ordered the Ministry of Industry and Trade to put the Ca Mau fertiliser plant on a trial operation before the end of this year.
