Vietnam Northern City Revokes Licenses of US$15.43 Mln 3 FDI Projects in October

5:25:16 PM | 4/11/2008

Vietnam’s northern city of Haiphong authorities have withdrawn licenses of 13 FDI projects capitalized at US$15.43 million, the Dau Tu (Investment) newspaper said. All the projects are outside the city’s IPs.

The US$3.2 million road project by a joint venture between Thang Long firm and the South Korean Hyundai Auto Trading Co., Ltd, the paper added.

As of Sept 22, the Haiphong City had licensed 26 FDI projects with the combined registered capital of US$134.81 million, the Vietnam Investment Review said. (Investment)

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Vietnam Northern City Revokes Licenses of US$15.43 Mln 3 FDI Projects in October

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