Vietnam is rolling
out the red carpet for multinationals with a flourish.
Prime Minister Vo Van Kiet recently- relaxed his houses like Ford and Toyota.
4-month-old ban on build- He approved of a request -
ing factories in rice fields, to put forward by the Hanoi
the delight of industrial city authorities - to set
aside 6310 ha (15,585 acres)
of farmland around the city
for large investment projects,
infrastructural development
and high-tech industry.
The Ford and Toyota
authorities had, earlier this
year, applied for joint venture manufacturing licenses
and proposed building assembly lines in the Hanoi
area. But Kiet was unwilling
to sacrifice the rice fields.
The relaxation of the ban
now has changed the situation.
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