Foreign direct investment in Vietnam
The southern province of Tay Ninh has attracted US$ 19 million in foreign direct investment since the beginning of 2012, according to the provincial Trade, Investment and Tourism Promotion Center.
The latest addition has brought the total FDI registered in the province to $ 1.4 billion to date, a figure that has seen Tay Ninh ranked 9th among 63 provinces and territories nation-wide in terms of FDI attraction.
“We are attempting to speed up administrative reforms that can help foreign investors reduce the time and costs needed to implement their projects,” said the center’s director Tran Huu Hau.