The green economy needs the right kind of FDI: gov'tVietNamNet Bridge - Vietnam is determined not to sacrifice the environment in exchange for foreign direct investment (FDI). The cement industry has developed rapidly in the last few decades since Vietnam shifted to a market economy. The cement capacity has soared from several millions tons in 1991 to 80 million in 2016, according to the Vietnam Cement Association. The figure is expected to increase to 100 million tons by 2020, though operating plants and plants under construction alone can provide enough cement by that time. Mai thinks the cement production capacity should not be more than 100 million tons per annum, and that Vietnam should not attract more FDI into the field.

Source: VietNamNet News March 27, 2017 01:52 UTC