The Industrial Zones Authority of the southern province of Dong Nai has revoked licenses of more than 170 foreign direct investment (FDI) projects due to slow progress of implementation since the Foreign Investment Law came into effect in 1988.
Provinces in the Mekong Delta drew a total of 99 foreign direct investment (FDI) projects in the first nine months of 2018, said Nguyen Phuong Lam, Deputy Director of the Can Tho branch of the Vietnam Chamber of Commerce and Industry (VCCI).
The northern province of Ninh Binh will focus its investment in projects with high value and welcome investors with new ideas or breakthroughs in technology to promote its vast development potential.
With 131 operating foreign direct investment (FDI) projects valued at 7.29 billion USD, Thai Nguyen province has become one of the leading destinations for foreign investors in the northern mountainous region.
Since Vietnam and the Republic of Korea (RoK) set up diplomatic relations in 1992, bilateral ties have seen robust growth in all fields, from politics, economy, security-defence to culture, education and science-technology.
The disbursement of foreign direct investment (FDI) projects was estimated at 11.25 billion USD as of August 20, a year-on-year rise of 9.2 percent.
The disbursement of foreign direct investment (FDI) projects was estimated at 11.25 billion USD as of August 20, a year-on-year rise of 9.2 percent, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
The northern province of Bac Ninh licensed 116 new foreign direct investment (FDI) projects worth 332.5 million USD in the first seven months of 2018, according to the provincial Department of Planning and Investment.
The northern province of Bac Giang will continue taking measures to improve the efficiency of investment attraction and better its business climate, according to Chairman of the provincial People’s Committee Nguyen Van Linh.
The southern province of Dong Nai lured more than 980 million USD in 120 foreign direct investment (FDI) projects in the first seven months of 2018, equivalent to 98 percent of its annual plan.
The northern province of Vinh Phuc promoted its potential and called for investment at a conference held in Gyeonggi province of the Republic of Korea (RoK) on July 27.
Construction of a factory manufacturing metal components recently kicked off at the Ba Thien II Industrial Zone in Binh Xuyen district of the northern province of Vinh Phuc.
Economic reform, in companion with renewing growth model to improve productivity and competitiveness capacity, is a top priority of the Mekong Delta city of Can Tho to realize the goal of global economic integration and sustainable development.
Enterprises in industrial parks and economic zones are important driving forces for industrial development in the northern port city of Hai Phong, a local official has said.
The Mekong Delta province of Tien Giang lured over 7 trillion VND (over 310 million USD) in 18 new investment projects in the first six months of 2018, up 9 projects and 4.47 times in capital compared to the same period last year.
Up to 12,100 new enterprises were established in the capital city of Hanoi in the first six months of 2018, with total registered capital of 124 trillion VND (around 5.46 billion USD).
Hanoi needs to seek new, breakthrough, sustainable momentum for growth in order to materialise its development vision, said Prime Minister Nguyen Xuan Phuc.
The northern province of Bac Giang will further its efforts to boost the local business environment by accelerating administrative reform and improving competitive capacity, said Chairman of the provincial People’s Committee Nguyen Van Linh.
