Thirteen foreign-invested projects halt operations

The northern port city of Hai Phong has decided to stop operation on 13 foreign invested projects worth a combined total of US$76.58 million, according to the municipal Department of Planning and Investment.

Four of the affected developments had their licences revoked for not carrying out their work, while the remainder were merged or dissolved ahead of schedule, the department said.

vietnamnews

>   Slow progress on reforming SOEs (19/10/2012)

>   Filipino investors hunt opportunities (19/10/2012)

>   ‘Follow copyright or lose US' (19/10/2012)

>   Argentinean businesses seek opportunities (19/10/2012)

>   Vietnam to re-organize FDI management (18/10/2012)

>   Prices rise during mourning (18/10/2012)

>   Vietnam International Industry Fair opens (18/10/2012)

>   Central Economics Committee to be reestablished (18/10/2012)

>   Lawmakers express concern over economy (17/10/2012)

>   Enterprises to explore Indian market (17/10/2012)