Russian investment in Vietnam
Enterprises need to protect their account and digital signatures | |
Vietnam market lures foreign banks | |
Calls for new property investment law |
Russia now ranks 23 out of 112 foreign countries and territories that have invested in Vietnam. |
In the first eight months alone they invested in seven new projects with a registered capital of US$5.87 million.
Russian investment goes to 13 of Vietnam’s 18 economic sectors. Mining came first with seven projects valuing at US$581.2 million, accounting for 55% of its total investment, trailed by accommodations and food services (seven projects valuing at US$203.6 million) and manufacturing and processing industries (34 projects with a value of US$133.8 million).
Controlling investment capital, the State Treasury refused to disburse more than 20 billion vnd VCN- According to reports by the State Treasury, by August 31, 2016, the system of treasuries have ... |
Russian businesses have invested in 23 out of 63 provinces and cities nationwide. Offshore oil and gas production has attracted most of Russian investment with six projects with a registered capital of US$531.2 million.
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