Tay Ninh attracts 22 new FDI projects so far this year

The Southwestern province of Tay Ninh has so far this year drawn 22 new foreign-invested projects with a total capital of 115 million USD, according to Deputy Chairman of the provincial People's Committee Nguyen Hong Thanh.

Production at Sailun Vietnam company in Phuoc Dong Industrial Park in Tay Ninh (Photo: VNA)
Production at Sailun Vietnam company in Phuoc Dong Industrial Park in Tay Ninh (Photo: VNA)

Tay Ninh (VNA) - The Southwestern province of Tay Ninh has so far this year drawn 22 new foreign-invested projects with a total capital of 115 million USD, according to Deputy Chairman of the provincial People's Committee Nguyen Hong Thanh.

Thanh said that 143 million USD was poured into 16 ongoing projects in the locality which also drew 15 new domestically invested projects worth over 4.7 trillion VND (188.94 million USD).

The official said that Tay Ninh sent a working group to the Jiangsu (China) - Tay Ninh (Vietnam) Economic and Trade Cooperation Forum in the Chinese province on August 27, during which the Vietnamese locality pledged to provide the best conditions for and support investors.

Tay Ninh is constructing the Moc Bai Economic Zone with industry, urban area, and logistics as key development pillars, aiming to make it an outstanding and dynamic border economic zone of the region and the country. At the same time, the Ho Chi Minh City-Moc Bai Expressway project that is being sped up, the Tay Ninh Airport project, and the construction of roads and industrial parks are expected to create investment opportunities in the locality.

Currently, Tay Ninh has six operating industrial parks with a total area of about 3,500 hectares, nearly 80 of which have been occupied. The province has an industrial land fund of more than 800 hectares, Thanh added.

According to the official, as of August 15, Tay Ninh had hosted 377 valid projects with a total capital of 9.83 billion USD, including 75 Chinese-invested projects worth nearly 5 billion USD./.

VNA

See more

Illustrative image (Photo: VNA)

Vietnam, Algeria forge stronger economic bonds

The Vietnam Trade Office in Algeria held a meeting with representatives from several Algerian trade promotion organisations and businesses on January 15 to look back on bilateral trade and chart a course for future collaborations.

Swiss-Viet Economic Forum members (Photo: VNA)

Swiss-Viet Economic Forum helps boost bilateral collaboration

The Swiss-Viet Economic Forum (SVEF) set goals for 2025, focusing on continuing to serve as a bridge to strengthen economic and cultural relations between the two countries at an event on January 15 to celebrate the first anniversary of its establishment.

Workers at a Taiwanese company in An Duong industrial part, Hai Phong city. (Photo: VNA)

Hai Phong, Quang Ninh attract 7.82 billion USD in FDI in 2024

With 7.82 billion USD in foreign direct investment lured in 2024, the port city of Hai Phong and the northeastern province of Quang Ninh continued affirming their strong attraction as the two pillars of the northern economic triangle, that includes Hanoi.

TPBank secures 120 million USD loan from JICA. (Photo courtesy of JICA)

TPBank secures 120 million USD long-term loan from JICA

The Japan International Cooperation Agency (JICA) officially signed a loan agreement with the Tien Phong Commercial Joint Stock Bank (TPBank) under the Private Sector Investment Finance (PSIF) project on January 14.

Kim Long Motor Hue JSC and Changan Automobile Group sign a cooperation agreement on building a factory. (Photo: VNA)

New passenger car factory to be built in Hue

Kim Long Motor Hue Joint Stock Company and Changan Automobile Group (China) on January 14 signed a cooperation agreement to build a passenger car factory at an industrial park in the central city of Hue that will be capable of producing 50,000 vehicles per year.

Illustrative photo (Photo: VNA)

Quang Ninh sets land clearance as priority for FDI attraction

The northern province of Quang Ninh is on a mission to cement its status as one of Vietnam's premier destinations for foreign direct investment (FDI), with a strategic focus on land clearance for industrial park infrastructure projects this year.

Deputy Prime Minister Tran Hong Ha at the 12th meeting of the national steering committee for IUU fishing prevention and control on January 14 (Photo: VNA)

Deputy PM orders enhanced fishery management tools

Deputy Prime Minister Tran Hong Ha has asked the Ministry of Agriculture and Rural Development to complete the comprehensive integration and smooth connectivity to the national fisheries database (VN-Fishbase), vessel monitoring system (VMS), and electronic traceability system (eCDT) in Q1, ensuring seamless data flow from central to local authorities, a move to clamp down on illegal, unreported and unregulated (IUU) fishing.