Re: [ALOCHONA] Stop fighting Bangladeshi, follow Vietnum

When is it going to be our term???

I was one of the business delegates who accompanied the former PM Khaleda Zia on a state visit to Vietnam in 2005 and have had business there just as the country opened up. What a remarkable progress the country has shown in attracting foreign investment and creating emplyment although the capital market has suffered recently.

Talk is cheap....when will our leaders wake up and realize this what Vietman has achieved in 3 years???

Wake up Bangladesh.

Faruque
Bangladesh MIC by 2020

Sent via BlackBerry by AT&T

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From: "M. M. Chowdhury \(Mithu\)" <cgmpservices@yahoo.com>
Date: Tue, 29 Jul 2008 04:16:24 -0700 (PDT)
To: <cgmpservices@yahoo.com>
Subject: [ALOCHONA] Stop fighting Bangladeshi, follow Vietnum

Vietnam lures biggest-ever foreign investment in 7 months Xinhua, Hanoi Vietnam has so far this year licensed 654 foreign-invested projects with total registered capital of nearly 44.5 billion U.S. dollars, rising 546 percent in capital against the same period last year, and equating to the combined foreign direct investment (FDI) lured from 1988 to 2006, local newspaper Investment reported on Monday. Among the fresh FDI, over 51.3 percent are poured into service, and 48.2 percent into industry, including a steel project worth nearly 7.9 billion dollars, and an oil refinery project valued at 6.2 billion dollars, the newspaper quoted statistics from the country's Ministry of Investment and Planning as reporting. Among the 654 projects, 27 have registered capital of at least 100 million dollars each, and eight have registered capital of one billion dollars each upward. A large number of projects are invested by multinational companies based in China's Taiwan, Japan, the United States, Canada, Singapore, Brunei, South Korea, Kuwait and the Netherlands. Since the beginning of this year, 188 operational foreign- invested projects in Vietnam have raised their capital by a total of 788.6 million dollars, posting respective year-on-year declines of 31.4 percent and 44.5 percent, local newspaper Vietnam Economic Times reported today. Vietnam has also posted realized capital of foreign-invested projects totaling six billion dollars since the beginning of this year, up 42.9 percent against the same period last year. The ministry is, in coordination with relevant ministries, sectors and localities nationwide, facilitating the disbursement of licensed foreign-invested projects, mainly by simplifying administrative procedures and speeding up site clearance, said Vietnam Economic Times.

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