RI's investment in Vietnam

RI's investment in Vietnam

JAKARTA (JP): Indonesia ranks as the seventh largest investor
in Vietnam with a total investment of US$2.4 billion, the
Indonesian ambassador to the country, Djafar H. Assegaf said.

The Indonesian embassy in Vietnam said in a press release,
which was made available to Antara here over the weekend, that
about 70 percent the investments were made in northern part of
the country.

According to the press release, the Indonesian property
company Ciputra Group is the biggest investor in Vietnam with a
total investment of US$ 2.1 billion to build a satellite town
near the country's capital city.

To boost exports and investments, a trade exhibition called
"Promotion of Indonesia's Trade, Business and Tourism" will be
held from March 20 to 23 in Hanoi, the capital of Vietnam. (bnt)