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Update news MPI
VietNamNet Bridge – The Ministry of Planning and Investment has said that from now until 2018, environmental pollution will be improved through a US$58.85 million project
MPI believes that it’s not the right time to apply the decentralization mechanism in licensing foreign direct investment (FDI) projects.
While Vietnamese businesses have been flocking abroad to seek their investment opportunities, experts fear that the businesses are gambling with their investments.
The investors spent trillions of dong to set up big production factories to serve their ambitious investment projects. However, the factories have been left idle since the day they were built.
It’s unclear why many huge foreign invested projects capitalized at multi billion dollars have not been updated in the state management agencies.
Many big state-owned enterprises are planning to invest much more than they did last year despite the gloomy economy.
VietNamNet Bridge – There are some 50 establishments that provide electronic games for prizes to foreigners in Vietnam. The revenue from the services has been increasing steadily. The figure was VND5 trillion in 2011.
Vietnam will put greater effort into decentralisation model’s feasibility and effectiveness by strengthening state agencies’ coordination and management in a bid to improve the quality of foreign direct investment inflows to the country.
The central bank’s inspection at nine local lenders has been complete but the restructuring of the local banking system and the handling of weak commercial banks have fallen behind schedule,