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VietNamNews

Foreign investment rises

Update: September, 08/2012 - 09:52

HCM CITY — Southern Long An Province has attracted foreign investment from 31 countries and territories to invest in 442 local projects with a total investment capital of over US$3.5 billion to date.

Some 264 projects are now in operation, accounting for 60 per cent of the total investment capital.

According to the provincial People's Committee Vice Chairman Pham Van Ranh, foreign investment in recent years has made a great contribution to the socio-economic development of the province. The GDP per capita reached over VND30 million and annual industrial value went up 20 per cent while export turnover rose 25 per cent each year.-VNS

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