FDI flow into Vinh Phuc surpasses 1 billion USD in 2021
The northern province of Vinh Phuc estimates to attract 35 foreign direct investment (FDI) projects and 1.015 billion USD in both newly-registered and addition capital in 2021.
Thang Long Vinh Phuc industrial park (Photo: VNA)The value is equal to 253.75 percent of the set target, and up 50 percent against that of the same period last year, according to a report by the provincial People’s Committee.
At present, Vinh Phuc has eight operating industrial parks with 328 businesses and nearly 110,000 labourers.
This year, the province’s total budget collection is expected to exceed 32 trillion VND (1.39 billion USD). Its budget revenues in recent years have been largely contributed by FDI firms.
To continue attracting investments and promoting local socio-economic development, Vinh Phuc is focusing on implementing measures to ensure pandemic prevention and control and step up socio-economic recovery and development flexibly and effectively.
It also has plans for pandemic prevention and control at industrial parks./.
You should also see
PM attends ceremony to start work on Him Lam resistance centre renovation project
Prime Minister Pham Minh Chinh on April 17 attended a ceremony to start work on a project to renovate Him Lam resistance centre, a part of the Dien Bien Phu complex of fortifications in the northern mountainous province of Dien Bien.
See more
Business
Standard Chartered, US promote clean energy investments in Vietnam
Standard Chartered and the US Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) on green financing in Vietnam and to promote the deployment of advanced clean energy in Vietnam.
Business
Vietnam Airlines, Sun Group promote Vietnam’s tourism in RoK
National flag carrier Vietnam Airlines and Sun Group on April 17 held a tourism promotion event themed “The Magnificent Vietnam” in Seoul, aiming to promote Vietnam’s tourism potential, flights, and trade opportunities for Vietnam and the Republic of Korea (RoK).
Business
Overseas remittances to HCM City record highest increase in three years
Overseas remittances to Ho Chi Minh City exceeded 2.86 billion USD in the first quarter of 2024, an annual increase of 35.4% and the highest recorded in three consecutive years.
Business
Thu Duc city seeks investment in 11 PPP projects
Authorities of Thu Duc city, Ho Chi Minh City, held a conference on April 17 to draw investment in 11 public-private partnership (PPP) projects in the fields of education, culture and sports, with a total capital of over 2 trillion VND (83.3 million USD).
Videos
Real estate market thrives, entities ready to re-enter market
The real estate market has witnessed positive developments, with a slew of projects, including billion-dollar projects, being announced and called for investment in the first quarter of 2024.
