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Central coastal region leads in FDI attraction

In the first four months of 2013, the northern central coastal and
central coastal provinces have led in foreign direct investment (FID)
attraction.

According to statistics from the
Foreign Investment Agency under the Ministry of Planning and Investment,
Vietnam has attracted 8.2 billion USD from foreign investors in the
reviewed period, a 17 percent increase compared to the same period last
year.

Remarkably, the FDI flow has shown a change in
direction, with the northern central coastal and central coastal
regions surpassing other regions to lead in FDI attraction, followed by
the northern midlands and mountainous region, the southeast and Red
River delta.

Two provinces prominent in FDI
attraction in the central coastal region are Thanh Hoa with the
Japanese-invested Nghi Son Refinery and Petrochemical Complex valued at
2.8 billion USD and Binh Dinh with a bus assembly project valued at 1
billion USD.

Preferential policies on infrastructure
investment and enterprise operations, and continuously-organised
investment promotion activities have increased the provinces’
attraction, said experts.-VNA

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