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Bac Ninh’s efforts to improve investment environment pay off

Efforts to improve the investment environment made by the northern province of Bac Ninh, which borders Hanoi capital city, have proved effective, as it has been among leading destinations in Vietnam for foreign direct investment (FDI) inflows in recent years.
Bac Ninh’s efforts to improve investment environment pay off ảnh 1Illustrative image (Photo: VNA)
Bac Ninh (VNA) – Efforts to improve the investmentenvironment made by the northern province of Bac Ninh, which borders Hanoicapital city, have proved effective, as it has been among leading destinations in Vietnam for foreign direct investment (FDI) inflows in recent years.

According to the Ministry of Planning and Investment’sForeign Investment Agency, the province ranked second in the country in FDI attraction in the first quarter of 2024, with a combined registered capital of 745.2 million USD, accounting for 12.1%of the national figure.

The attractiveness of Vietnam’s smallest province is attributedto its tireless efforts to step up administrative reform to create an open andtransparent environment for businesses.

Right from the early days of 2024, the provincial People'sCommittee issued a Directive on implementing key tasks and solutions to improvethe business environment and enhance competitiveness for this year.

Chairwoman of the provincial People’s Committee Nguyen HuongGiang said that the locality is aiming to create breakthroughs in institutionalreform, human resources development and infrastructure for rapid andsustainable development.

It has also cooperated closely with other localities nationwide,grasped opportunities of the fourth Industrial Revolution, applied science andtechnology, developed high-quality human resources, and increased the qualityof management and governance in accordance with the digital transformationprocess./.
VNA
#Bac Ninh #foreign direct investment #FDI attraction #investment environment #Vietnam #Vietnamplus #Vietnam News Agency Bac Ninh
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