Dau Tu: What would you say about the FDI capital flow in 2009?
Vo Tri Thanh: Committed FDI capital in 2009 is obviously lower than 2008. The figure of $21 billion in committed capital is encouraging, showing that foreign investors still see long-term potential in Vietnam.
If we look at the sum of money poured into Vietnam in 2009, about eight billion dollars, we see that foreign investors’ financial situation is really healthy. They are making investments and aiming for long-term, not short-term, profits.
However, I can see some problems in the FDI flow in 2009.
Many FDI projects are in the real estate sector. When the real estate sector goes up and down, this will create negative effects in both the real estate market and the national economy. When a big volume of capital is poured into the real estate sector, this shows the big potential of the market, but we should also anticipate risks as well.
Besides, Vietnam still has disadvantages in attracting FDI, including its poor infrastructure and labor problems with a shortage of skilled workers and qualified managers
Sunday, January 3, 2010
Thursday, December 31, 2009
The 10 biggest FDI projects in 2009
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The top 10 FDI projects are capitalized at $12.7 billion, of which real estate projects alone make up $6.48 billion. Most were just granted licenses in the fourth quarter of 2009.
Wednesday, December 30, 2009
Vietnam attracts US$21.48 billion in FDI in 2009
US$21.48 billion in foreign direct investment (FDI) has flown into Vietnam this year despite the global economic crisis and stiff competition from other regional countries.
Of the total, US$16.34 billion is registered by 839 newly-licensed projects and the rest from additional capital poured into 215 ongoing projects, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).
The agency said that accommodation and restaurant services continued to catch the eye of foreign investors this year, drawing in US$8.8 billion.
Real estate came second with an estimated US$7.6 billion, followed by manufacturing and processing with US$2.97 billion.
In 2009, the country’s disbursed capital is estimated to have reached US$10 billion, about 1.5 billion lower than in 2008 when FDI hit a record high of US$64 billion, according to the agency.
Of the total, US$16.34 billion is registered by 839 newly-licensed projects and the rest from additional capital poured into 215 ongoing projects, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).
The agency said that accommodation and restaurant services continued to catch the eye of foreign investors this year, drawing in US$8.8 billion.
Real estate came second with an estimated US$7.6 billion, followed by manufacturing and processing with US$2.97 billion.
In 2009, the country’s disbursed capital is estimated to have reached US$10 billion, about 1.5 billion lower than in 2008 when FDI hit a record high of US$64 billion, according to the agency.
Tuesday, December 29, 2009
Respect Vietnam vets
President Obama's speech at West Point (Dec. 2) was right on mark and I believe we will rid the area of terrorist criminals in and around Afghanistan. Taking the fight to these thugs on their home turf is a good plan.We will root these cowards out and wipe them out. They won't be bombing anyone else ever again.
The part of the speech where our president compares this new deployment of our combat troops with the Vietnam War is where I have a disagreement. He said he disagrees when hearing "Afghanistan is another Vietnam." The president then gave three reasons why the two conflicts differ. I realize the president respects Vietnam Vets, but there are plenty of people who say and think that the "Nam" War was a disaster. This is a put down of the American combat troops who fought and died in the Nam.
As a Vietnam Era Vet I resent these ridiculous comments. Most of us were drafted and had no choice about assignments, but we wouldn't have it any other way and think we kicked the VC in their butts!
Since these Vietnam Era critics and doubters like this war better then the Nam why don't they sign up for this one. Maybe they'll learn that war is war no matter where it's fought and that serving your country honorably like we Nam Era Vets did is what counts.
The part of the speech where our president compares this new deployment of our combat troops with the Vietnam War is where I have a disagreement. He said he disagrees when hearing "Afghanistan is another Vietnam." The president then gave three reasons why the two conflicts differ. I realize the president respects Vietnam Vets, but there are plenty of people who say and think that the "Nam" War was a disaster. This is a put down of the American combat troops who fought and died in the Nam.
As a Vietnam Era Vet I resent these ridiculous comments. Most of us were drafted and had no choice about assignments, but we wouldn't have it any other way and think we kicked the VC in their butts!
Since these Vietnam Era critics and doubters like this war better then the Nam why don't they sign up for this one. Maybe they'll learn that war is war no matter where it's fought and that serving your country honorably like we Nam Era Vets did is what counts.
Sunday, December 27, 2009
Seeking capital for real estate projects
VietNamNet Bridge – Experts have been called on to set up a legal framework to call for capital for real estate projects, or
A real estate conference which gathered late last week heard that in 2008 loans provided to fund real estate projects were 132,545 billion dong, or 9.15 percent of the total of outstanding loans in the year. The figure had increased by 10 percent by June 30, 2009.
However, bank loans are not the only channel which brings capital to the real estate market
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