[lbo-talk] Japan-Vietnam FDI initiative extended

uvj at vsnl.com uvj at vsnl.com
Thu Mar 23 05:19:57 PST 2006


News Online - Vietnam Economic Times http://www.vneconomy.com.vn/eng/

Japan FDI initiative extended

http://www.vneconomy.com.vn/eng/?param=article&cateid=01&id=d131adef9a050c

VNECONOMY updated: 23/03/2006

Viet Nam and Japan recently agreed to extend the Joint Initiative Action Programme, which over the past two years enhanced the flow of foreign direct investment (FDI) into Viet Nam.

At a workshop convened to discuss FDI promotion and review the Viet Nam-Japan Joint Initiative in Ha Noi on Monday, Viet Nam Ministry of Planning and Investment representatives said FDI from Japan reached US$4.3 billion in 2004 and increased to $5.3 billion in 2005, ranking Japan second among investors in the country.

Oshikiri Koji, an official from the Ha Noi-based Japan International Co-operation Agency office, agreed that since the Joint-Initiative Programme began two years ago, 85 per cent of objectives laid out in the programme have been achieved. Japan has implemented a number of Official Development Assistance (ODA) projects, and is evaluating some others proposed by Viet Nam, he said.

The Viet Nam-Japan Joint Initiative, which was launched by Prime Minister Phan Van Khai and his Japanese counterpart Junichiro Koizumi in 2003, was undertaken to improve Viet Nam's business environment and strengthen its economic competitiveness.

Source: Vietnam News

Copyright © News Online - Vietnam Economic Times

» ICP License: No 601/GP-INTER dated 09 April 1998 of the Ministry of Culture and Information - Socialist Republic of Vietnam

» News Online License: No 356/GP-BVHTT dated 27 June 2001 of the Ministry of Culture and Information - Socialist Republic of Vietnam

» Editor-in-chief: Prof. Dao Nguyen Cat

» Head office: + Address: 96 Hoang Quoc Viet road, Cau Giay district, Hanoi + Telephone: +84 (4) 755 2060 - Fax: +84 (4) 755 2046 + E-mail: vet at hn.vnn.vn



More information about the lbo-talk mailing list