Business

Kien Giang province - bright spot in foreign investment attraction in Mekong Delta

Despite the fact that the COVID-19 pandemic has seriously affected the production and trade of businesses, the Mekong Delta province of Kien Giang remains an attractive investment hub for domestic and foreign investors.
Kien Giang province - bright spot in foreign investment attraction in Mekong Delta ảnh 1The Mekong Delta province of Kien Giang has so far attracted 817 projects with total capital of 539.5 trillion VND (23.7 billion USD).(Photo:baoquocte.vn)
Hanoi (VNA) – Despite the fact that the COVID-19 pandemic has seriously affectedthe production and trade of businesses, the Mekong Delta province of Kien Giangremains an attractive investment hub for domestic and foreign investors.

Theprovince has so far attracted 817 projects with total capital of 539.5 trillion VND (23.7 billion USD), including 55 FDI projects with over 2.7 billion USD.

KienGiang ranked 20th among 63 provinces and cities and the second among 13 cities and provinces in the Mekong Delta in terms of registered FDI capital.

Asmany as 374 projects have been put into operation, accounting for 45.78 percentof the total projects with a total investment of 63 trillion VND.

Togain the above-mentioned achievements, the province has directed agencies andlocalities to carry numerous solutions such as strengthening administrativereform, streamlining procedures, especially those relating to enterpriseregistration, investment, natural resources, construction, tax and customs.

The investment environment has been improved and favourable conditions have been created forenterprises to manufacture and trading effectively./.
VNA
#Kien Giang #investment #FDI #Vietnam Plus #Vietnam News Agency Kien Giang
Follow VietnamPlus

Related News

Kien Giang aims to end IUU fishing in 2021

Kien Giang aims to end IUU fishing in 2021

The Mekong Delta province of Kien Giang is striving to end illegal, unreported and unregulated fishing (IUU) in 2021, as part of the country’s common efforts for the European Commission’s removal of the “yellow card” on Vietnamese fisheries sector.
Kien Giang posts 2 percent rise in nine-month export earnings

Kien Giang posts 2 percent rise in nine-month export earnings

The Mekong Delta province of Kien Giang earned over 526 million USD in export value in the first nine months of 2021, meeting over 70 percent of the year’s plan and posting a year-on-year rise of nearly 2 percent, according to the provincial Department of Industry and Trade.

See more

A vessel docks at Hai Phong Port ready to be loaded with containers. (Photo: VNA/VNS)

Vietnam's port firms thrive in 2024

According to the Vietnam Maritime Administration, the total cargo volume through the nation's port system reached approximately 864.4 million tonnes, up 14% year-on-year. Container throughput was estimated at 29.9 million TEUs, reflecting a 21% rise.

THACO Chairman Tran Ba Duong (Photo: VNA)

THACO targets sales of over 100,000 vehicles in 2025

In 2025, THACO will continue to expand the scale of investment in all six key production and business sectors including automotive, agriculture, mechanical engineering and supporting industries, investment - construction, trade – services, and logistics.

Nearly 1 million workers of more than 12,600 businesses with trade trade unions in Ho Chi Minh City have returned to work following the nine-day Lunar New Year (Tet) holiday. (Photo: VNA)

HCM City: Nearly 1 million workers back to work after Tet holiday

Nearly 1 million workers of more than 12,600 businesses with trade trade unions in Ho Chi Minh City have returned to work following the nine-day Lunar New Year (Tet) holiday, reaching 85.33% of their total workforce, according to the municipal Labour Federation.