Chinese investment sharply rises in Vietnam
( 2003-10-13 20:35) (Xinhua)
Vietnam licensed 42 Chinese-invested projects with registered capital of
nearly 64 million US dollars in the first nine months of this year, nearly
doubling the figures in 2000.
With projects in 37 cities and provinces of the country, China now ranks the
17th among 62 countries and areas investing in Vietnam, according to a report of
Vietnam Investment Review on Monday.
Of 236 valid Chinese-invested projects with registered capital of 425 million
US dollars, the industrial and construction sector accounts for 71.6 percent of
the projects and 52.6 percent of the capital, and the service sector 13 percent
of the projects and 30 percent of the capital.
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