Vietnamese investors lacking in Laos and Cambodia
VietNamNet Bridge – Unable to encourage outward international investments, Vietnam has given up its position as the number one investor in Laos and Cambodia.
In 2005, Vietnam was considered the primary investor in both countries, but relinquished the title to China in 2006. This year, Vietnam ranks third among the biggest investors in Laos, after China and Thailand.
The Ministry of Planning and Investment (MPI) thinks Vietnamese enterprises lack financial and technological prowess and management ability is still far behind. In order to regain the No 1 position, they will need Government support.
The ministry is drawing up a plan to support and encourage outward investments, expected to be promulgated in the first quarter of 2008.
To date, Vietnam has invested in 35 countries and territories, of which Laos tops the list. By the end of November 2007, Vietnam’s 86 Laos investment projects, with total capital of $584mil, amounted to 35% of total projects and 42% of total registered capital. Algeria is the second choice for Vietnamese investors, with 17.4% of total registered capital. The two countries alone have attracted 59.4% of Vietnam’s total outward investment.
So far this year, Vietnam has invested in 61 international projects, worth nearly $391mil. As of November 2007, Vietnam has invested in 246 projects, total capital $1.4bil.
Investments primarily include industry and construction, oil exploration and exploitation, consumer products, construction materials, all accounting for 41%; agriculture, forestry and fisheries (21.5%), and related economic services (37.5%). It is expected that total outward investments will reach $500mil by 2008.
In 2005, Vietnam was considered the primary investor in both countries, but relinquished the title to China in 2006. This year, Vietnam ranks third among the biggest investors in Laos, after China and Thailand.
The Ministry of Planning and Investment (MPI) thinks Vietnamese enterprises lack financial and technological prowess and management ability is still far behind. In order to regain the No 1 position, they will need Government support.
The ministry is drawing up a plan to support and encourage outward investments, expected to be promulgated in the first quarter of 2008.
To date, Vietnam has invested in 35 countries and territories, of which Laos tops the list. By the end of November 2007, Vietnam’s 86 Laos investment projects, with total capital of $584mil, amounted to 35% of total projects and 42% of total registered capital. Algeria is the second choice for Vietnamese investors, with 17.4% of total registered capital. The two countries alone have attracted 59.4% of Vietnam’s total outward investment.
So far this year, Vietnam has invested in 61 international projects, worth nearly $391mil. As of November 2007, Vietnam has invested in 246 projects, total capital $1.4bil.
Investments primarily include industry and construction, oil exploration and exploitation, consumer products, construction materials, all accounting for 41%; agriculture, forestry and fisheries (21.5%), and related economic services (37.5%). It is expected that total outward investments will reach $500mil by 2008.
13 comments:
If the Vietcong enterprises need the Vietcong government to help them do businesses in Cambodia and this is called subsidy which will promote unfair competition!
I wonder what happen to those Khmer private enterprises and does AH HUN SEN Vietcong slave government help them in anyway? Of course not! AH HUN SEN even extorted those Khmer enterprises for more money! How on Earth can Khmer enterprises compete with the Viet enterprises that are back by the Vietcong government?
This is something to think about because without the Vietcong government support the Viet enterprises can't compete in the real world!
all khmers must vote one of the successful,experiential, competent Khmer business man and former Minister of finance Sam Rainsy to create Khmer enterprises for khmers and save our country from MAFIA HUN XEN and the YUON ANNEXION.
Cheyo our Hero Sam Rainsy!
Down to YUON XEN!
Down to descendants YUON CHEY CHETTHA!
Damn, that is not good news for us. We need investors. Thus, I call on the VN government to act immediately to help creating financial environment to allow their investors to get low interest loan for their businesses and also to boost up their technological education and management.
THAT OK THE VIET IS GOOD ENOUGHT TO BE HUN XEN BOSS!
All the CPP diploma are from Hanoi Vietname!
Hun xen will have trouble talking with other dicipline !
Remember the death communist (SOViet) can not communicated with CPP it need Vietnamese to be in the midle!
It will be good and very good news to see mother fuck hun shit/vietnamese business collape in near future in cambodia!!! hahahahahha
Do not go around cursing hun sen like that 2:37AM! you are hurting his children some of them can read, don't you know?
That is not good enouh I would like to see the new government take all what he and his families owned and return to Cambodian people,because this khmer rouge leader came to power in the empty handed ,what a hell of money does he make to enrich him self ??
To 3:14AM!
Hurting who? AH HUN SEN children or the CPP children? Oh yes! AH HUN SEN children are so special and they deserve to be lift and put on Cambodian people's head!
If AH HUN SEN children or the CPP children can truly read what is written here and they can feel the pain and the suffering of Cambodian people!
Pain and suffering cut through politic! How would AH HUN SEN children like to hear the sound of a baby crying without food and medication! By the way Cambodia has the highest infant mortality than any country!
Oh give me a break moron (12:52), we all know baby just love to cry no matter what. Furthermore, we don't want to overfeed them and have them grow up obese like you useless moron from oversea.
To 2:24PM!
The reason babies cry because it can't talk! You talk like a pediatrician and fuck you! The fucken reason AH HUN SEN Vietcong slave government didn't response to the babies crying that is why they are end up death and the mortality rate says it all!
Okay, that is another reason why they cry. They don't want to sleep and they want people to keep them company. They have too much energy in their reserve.
As infant mortality rate, we have shattered records year after year, dude, so what more do you want?
To 4:10PM!
Prove it fool!
Prove what, infant mortality rate?
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