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Vietnam Briefing is a magazine and daily news service about doing business in Vietnam. We cover topics relating to the Vietnamese economy, the market in Vietnam, foreign direct investment and Vietnamese law and tax. It is written in-house by the foreign investment professionals at Dezan Shira & Associates

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Hanoi Industrial Parks Target US$180 Million Projects for 2010

Posted on January 27, 2010 by Vietnam Briefing

HANOI, Jan. 27 – Authorities want to target US$180 million worth of new investment projects for 2010, an increase of 37.62 percent compared to the previous year.

Last year, 16 local projects worth VND728 billion and 27 foreign direct investment projects capitalized at US$91.4 million were approved in Hanoi. The city now has a total of 14 industrial parks, behind Dong Nai with 28, Binh Duong with 21 and Ho Chi Minh City with 17.

Local industrial parks have attracted a total of 508 projects that include 240 FDI projects amounting to US$3.5 billion and 268 domestic projects worth VND11.16 trillion.

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