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88 new FDI projects licensed in two months
The Foreign Investment Agency said 88 new foreign direct investment (FDI) projects were licensed in the first two months of 2010 with a total in registered capital of US$1.6 billion, equivalent to only 59.8 percent of last February’s figure.
Of the projects, there are several major ones like the US-based Skybridge Dragon Sea with an investment capital of US$902,5 million, Daewon Investment Company with US$120 million, and SZ Slovakia Vietnam Company with US$100 million.
However, capital invested in Vietnam in the first two months saw a significant decrease compared to the same period last year with only US$1,78 billion in registered capital.
The rate of capital increase for existing projects also fell against last February with only 16 projects registering for such increases at a total of US$165.2 million.
FDI disbursement, in the meantime, experienced a sharp rise. It is estimated to reach US$ 1.1 billion, up by 10 percent over last year.
In January and February, FDI businesses exported goods worth US$4.93 billion, up 23.8 percent from a year ago, and imported goods worth US$4.19 billion, up 47.7 percent.
VietNamNet, VOV
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