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* Vietnam will target attracting US$15 billion to US$16 billion of pledged foreign direct investment in 2012, the government said in a statement last week. The country is targeting disbursed FDI of $11 billion this year. According to the Foreign Investment Agency of the Ministry of Planning and Investment, disbursed FDI for the whole of 2011 was estimated at $11 billion, equal to 2010's figure.

* Disbursement of official development assistance in Vietnam may have reached $3.65 billion in 2011, up from $2.94 billion in 2010, according to a statement on the government's website. By the end of last year, about $33.4 billion of official development assistance previously pledged to Vietnam, or 61 percent of the total, had been disbursed.

* The value of Vietnam's footwear exports may increase by 12 percent from 2011, to $7 billion in 2012, Thoi Bao Kinh Te Vietnam newspaper reported, citing a forecast by the Vietnam Leather and Footwear Association.

* Wintek Corp. invested $15.6 million in three factories in Vietnam's Quang Chau Industrial Park in Bac Giang Province, the Taichung, Taiwan-based maker of equipment including liquid-crystal displays said in a statement to the stock exchange.

* Vietnam, the world's second-largest rice exporter, shipped 7.11 million tons in 2011, the Vietnam Food Association said. Shipments were 376,365 tons in December, the association said in a statement on its website Tuesday. The country's 2011 exports exceed the record 6.75 million tons that were shipped in 2010 according to the association. Vietnam will export 6.85 million to 7.35 million tons of the grain in 2012, the Ministry of Agriculture and Rural Development estimated in a report posted on its website Tuesday.

* Banks have scaled back debt purchases as they hoarded cash to meet customer withdrawals ahead of the Lunar New Year Holiday starting January 23. "Many banks have halted bond purchases in anticipation of increased cash demand ahead of the Lunar New Year holiday," said Do Hoang Quynh Trang, a fixed-income trader at Hanoi-based Ocean Commercial Joint-Stock Bank.

* Revenues of state oil and gas group PetroVietnam jumped more than 34 percent last year from 2010 while those posted by state utility Electricity of Vietnam rose 26.7 percent, Tuoi Tre newspaper reported. Meanwhile state mining group Vinacomin reported revenue growth of 26.9 percent, the Industry and Trade Ministry said.

* Vietnam had 1,309 state-owned enterprises at the end of last October, 452 of which were in the public utility, defense and security sectors. The government plans to cut the total to 692 by 2015, Thoi Bao Kinh Te Vietnam newspaper reported.

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