Vietnam bullish on foreign investment


  • Business
  • Wednesday, 05 Sep 2007

KUALA LUMPUR: Vietnam is bullish about attracting foreign investment with the latest change in its economic policy where foreign companies will enjoy the same benefits and incentives as local enterprises. 

According to the embassy of the Social Republic of Vietnam trade counsellor Nguyen Thi Coi, foreign investments reached an all-time high of US$10bil in 2006 and are expected to rise to US$16bil this year with Malaysia being the second largest investor from Asean. 

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