China Information

Monday, December 25, 2006

Enterprises from China and Vietnam Signed USD1.4b Investment Agreement

Vietnam Economic Times reported on Dec. 21st, investors from Mainland China and HK signed a cooperative intention, with investment totaled USD1.4b, with Vietnam Bình Định government on Dec. 19th. It was reported that Kee King Cheung Kee Co., Ltd would invest USD100m for a tourism program with a casino. China Shandong Haihua Corp. planned to invest in two programs, USD300m for establishing a soda plant with annual production capacity of 600,000 tons in Cat Khanh Industrial Zone and USD1b for establishing a refinery plant with annual oil refining of 8m tons in Nhan Hoi.

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