Business

Hai Duong sees rise in domestic investment

The northern province of Hai Duong attracted over 3.4 trillion VND (148.24 million USD) in domestic investment in the first quarter of this year, 1.9 times higher than that in the same period last year, according to the provincial Department of Planning and Investment.
Hai Duong sees rise in domestic investment ảnh 1Processing administrative procedure at Hai Duong Department of Planning and Investment (Photo: Bao dau tu)
Hai Duong (VNA) – The northern province of HaiDuong attracted over 3.4 trillion VND (148.24 million USD) in domesticinvestment in the first quarter of this year, 1.9 times higher than that in thesame period last year, according to the provincial Department of Planning andInvestment.

The capital was poured into 25 new and 11 underway projects,including the Hanoi-Hai Duong Hospital project worth over 1.27 trillion VND,and Quang Thanh Trade Centre with 703 billion VND.

As of the end of March, Hai Duong had issued businesslicences to 363 new firms, down 32.5 percent year on year, raising the totalnumber of local businesses to 16,056. The province saw the dissolution of 66 firmsin the period.

Meanwhile, foreign investment was estimated at 91.5 millionUSD, equivalent to 80 percent of that in the same period last year. Currently,Hai Duong has 485 valid foreign-invested projects worth 9.1 billion USD.

In the future, the province will focus on enhancing thequality of planning and construction projects, while exploring difficultiesfacing enterprises for timely solutions, and strengthening trade promotion.

Hai Duong will also call for more projects with new, greenand energy-saving technologies as well as projects in support industries, whileworking with banks to provide credit to support COVID-19-hit businesses andhelp local firms recover./.

VNA
#Hai Duong #domestic investment #Hanoi-Hai Duong Hospital #foreign-invested projects #energy-saving technologies #Vietnam #Vietnam news #Vietnam News Agency Hai Duong
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