Revenue from FDI Business Increases 38.4 %

The Ministry of Planning and Investment reported revenue of foreign-direct-investment (FDI) sector.

Car assembly, a form of FID's businesses, brings good revenues

FDI’s businesses achieved US$3.3 billion, of which US$1.4 billion was from export, resulting in total revenue up to US$10.9 billion (excluding crude oil) in the first nine months of 2006, a year-on-year 38.4 percent increase.

FDI’s export including crude oil achieved US$17.6 billion, an increase of 26.8 % year on year.

National profits in the first nine months of this year reached US$21.6 billion, increasing by 28. 7 per cent year-on-year.

According to the ministry, the national FDI was US$300 million, raising the total executed capital in the first nine months of 2006 to US$2.78 billion, a year-on-year 8.8 percent increase.

This figure equals to 75.2 percent of this year target (about US$3.7 billion).

By LC - Translated by Uyen Phuong

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