Gov't earmarks 20 trillion VND for investment promotion

Hanoi (VNA) - The Government plans to put aside 20 trillion VND (nearly 1.15 billion USD) to support the National Investment Promotion Programme 2009.

Apart from this sum, the programme will receive more than 9 trillion VND (514
million USD) left from the last year's plan.

Under the programme, which was approved recently by the Ministry of Planning and
Investment, investment promotion activities will cover conferences both at home
and abroad, overseas visits of business delegations to call for investment, and
training courses for the staff in this field.

In the second quarter of this year, the ministry is scheduled to host a number of
conferences at home to attract foreign investment in infrastructure development,
water supply and drainage, waste treatment, housing for low income earners, tea
processing, and the Central Highlands.

For the third and fourth quarters, it will focus on promoting the inflow of
foreign investment into human resource development in northern and central coastal
provinces; cultural, sports and tourism projects in the south, and trade and
tourism projects in the southwestern region.-Enditem