The Vietnam Industrial Investment Report 2011 and the Vietnam Investment Monitoring Platform (V-IMP) was released in Hanoi on June 27.

The report was jointly conducted by the Ministry of Planning and Investment’s Foreign Investment Agency (FIA) and the UN Industrial Development Organisation.

With an investment of US$975,000 from the United Nations Foundation, the V-IMP project aims to monitor 1,944 enterprises in nine provinces across in Vietnam.

Of the number, 33 percent are small and medium sized enterprises, mainly operating in mechanics, textiles, rubber and household plastics.

By monitoring the enterprises, V-IMP is expected to help the project management board have a clearer insight into investment restructuring, which plays an important role in promoting investment in Vietnam.

The V-IMP project’s debut will contribute to the better management of future FDI projects in Vietnam, said FIA Director Do Nhat Hoang.

Source: VOV