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investment promotion

Korean enterprise shed tears on overstated provincial promotion policies

As competition to attract foreign investment between provinces is getting tougher, false information given has become a scorching issue hurting investors who are looking to invest in these destinations.

FLC Group pledged to make investment of $2.7 billion in Quang Binh province

At Quang Binh Investment Promotion Conference held on August 27, Quang Binh People's Committee granted investment registration certificates and investment cooperation agreements for 66 projects with a total investment of VND162,250 billion, equivalent to $7.05 billion, of which FLC Group pledged to make an estimated investment of $2.71 billion.

Synchronization amongst provinces in FDI promotion is still missing

Several local investment promotion agencies still lack a lot of information on investment appraisals and the current assessments of provinces are mainly based on personal experience rather than following a standard.

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