Bac Ninh attracts over 206 million USD of FDI in 6 months
Authorities in the northern province of Bac Ninh licenced 92 new foreign-funded projects worth 206.58 million USD in the first half of 2018, up 3.29 percent from the same period last year.
A foreign-invested electronic factory in Yen Phong industrial park, Bac Ninh province (Source: VNA)Bac Ninh (VNA) – Authorities in the northern province of Bac Ninh licenced 92 new foreign-funded projects worth 206.58 million USD in the first half of 2018, up 3.29 percent from the same period last year.
The province also allowed 45 existing FDI projects to add 211.11 million USD to their capital.
Head of the provincial Department of Planning and Investment Nguyen Dinh Xuan attributed the results to the province’s efforts in building a favourable business climate, which has supported investors in research, technology transfer, and land clearance. The investors were also facilitated to collaborate with universities and vocational centres to meet their demand of human resources.
Xuan said the province held three dialogues between authorities and enterprises during the period to help clear obstacles hindering their business.
By the end of June, Bac Ninh had licenced 1,228 FDI projects, with their capital amounting to about 16.66 billion USD. Of the total, 836 projects worth 15.5 billion USD were located in local industrial parks.-VNA
You should also see
📝 OP-ED: Vietnam’s human rights efforts recognised by international community
With the view of “leaving no one behind”, the Party and the State always pay attention to improving people's living standards and their rights to enjoyment, and promoting and protecting human rights, along the cause of national development.
See more
Business
Seminar held to promote Vietnam - Algeria economic relations
The Vietnam Trade Office in Algeria and the Chamber of Commerce and Industry of Algeria’s Annaba province have recently held a seminar to introduce the potential for trade and investment partnerships between the two countries.
Business
Demand for prime retail space on the rise in HCM City’s downtown: Savills Vietnam
Luxury brands are looking for high-quality retail space in District 1 - the downtown area of Ho Chi Minh City, according to Savills Vietnam.
Business
Hanoi's logistics industry development fails to meet potential
The development of Hanoi's logistics sector has failed to meet its full potential despite the city's favourable geographic location as the heart of the northern key economic region and quite systematic transport connectivity with road, sea, waterway, railway and air transportation, experts have said.
Business
Vietjet reports outstanding performances in Q1/2024
Overcoming the challenging aircraft shortages of the aviation industry, Vietjet Aviation Joint Stock Company (HOSE: VJC) has reported outstanding business performances in Q1/2024, providing a strong boost for the entire year.
Business
Vietnam, Nepal look towards stronger investment, trade ties
Vietnamese Ambassador to India, Nepal and Bhutan Nguyen Thanh Hai attended the 3rd Nepal Investment Summit on April 28-29 at the invitation of Nepali Finance Minister Barsha Man Pun.
