Bac Ninh holds forum to boost FDI growth

A total of 150 foreign-funded enterprises shared their experience, voiced their concerns and expanded their partnership network at a forum held in the northern province of Bac Ninh on October 28.
A total of 150 foreign-funded enterprises shared their experience, voiced their concerns and expanded their partnership network at a forum held in the northern province of Bac Ninh on October 28.

The event was co-organised by the the Vietnam Chamber of Commerce and Industry (VCCI) and the provincial People’s Committee.

During the forum, administrative officials and businesses discussed solutions for numerous foreign direct investment (FDI) issues, including boosting cooperation between manufacturers and international conglomerates, and integrating foreign-funded Vietnamese companies into the global supply chain.

Addressing the event, VCCI Vice Chairman Doan Duy Khuong said the continuous efforts of the government and FDI companies have created a more comprehensive business climate in Vietnam.

The achievements so far have substantially contributed to the implementation of the governmental vision of industrial development by 2035, he added.

During the first 9 months of this year, overseas investors registered projects worth 11.8 billion USD in Vietnam, accounting for 74.5 percent of the figure recorded last year for the same period.

With more than 8 billion USD invested in 510 projects, Bac Ninh is one of the country’s leading provinces and cities in terms of FDI attraction.-VNA

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