Wednesday, January 9, 2008

Eighty FDI businesses awarded for good performance

Eighty FDI businesses awarded for good performance

08/01/2008 -- 6:55 PM

Ha Noi (VNA) – Eighty foreign direct investment (FDI) enterprises operating in Viet Nam have been granted the Golden Dragon Award for their good business performance in 2007.

The award winners, who have been selected from nearly 500 entries, are operating in the areas of automobile and motorbike manufacturing, agriculture, forestry, aquaculture, food processing, beverage, construction, financing, banking, insurance, electronics, information technology, telecommunications and oil and gas.

The organising board, the Vietnam Economic Times and the Ministry of Planning and Investment’s Foreign Investment Department, told a press briefing in Ha Noi on January 8 that the criteria for selecting the winners were based on their business results in 2007 and recommendations from Planning and Investment Departments at localities as well as distributors, clients and employees.

The success of the operating FDI businesses will encourage other foreign companies to enter the country, the organising board further said.

Viet Nam attracted a record foreign direct investment of more than 20.3 billion USD, a year-on-year increase of about 70 percent.-Enditem

(VNagency)



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