1)Foxconn' huge investment:
In September,Taiwan's Foxconn Group inked a frame agreement on investment with the Ministry of Planning and Investment.Under the agreement Foxconn will invest a total of US$ 5 billion in many areas,including hi-tech,real estate and supporting industries.The group has opened 2 hi-tech factories with a combined investment of US$ 160 million in Bac Ninh province.The presence of Foxconn,which ranks 150th in the Fortune 500, will attract many of its satellites to Viet Nam.
2)Protest to biggest paper mill:
In August,the Hong Kong-owned Lee&Man VietNam started work on a US$1.2 billion pulp and paper mill in Hau Giang Province,the biggest project of its kind in VN with a designed capacity of 420.000 tons of paper and 150.000 tons of pulp.Many agencies have asked the Government to reconsider this project for fear of serious pollution as well as a shortage of raw materials.