From the beginning of 2015, the northern province of Vinh Phuc has embarked on a drive to seek investment in a bid to develop local industry.
According to a report from the provincial department for investment,Vinh Phuc has licensed five foreign direct investment (FDI) projects, with total registered capital of over 48.37 million USD in the first 3 months of 2015.
The province has provided investment certificates for three domestic direct investment (DDI) developments, with total registered capital of over 1.5 trillion VND (nearly 73 million USD) .
To date, the province has been home to 189 valid FDI projects with total registered investment of over 3.1 billion USD and 578 valid DDI projects worth over 41 trillion VND (1.9 billion USD).
Looking forwards, the province will promote investment promoting activities to potential overseas markets which boast advanced technological and engineering capabilities.
Additionally, the province will request local district governments to focus on infrastructural development, improving local-based human resources and creating favourable conditions for enterprises to operate businesses in the province.
So far, many industrial parks and urban areas in the province have created jobs for thousands of local labourers with average income up to 6 million VND (285 USD) per person a month.-VNA
According to a report from the provincial department for investment,Vinh Phuc has licensed five foreign direct investment (FDI) projects, with total registered capital of over 48.37 million USD in the first 3 months of 2015.
The province has provided investment certificates for three domestic direct investment (DDI) developments, with total registered capital of over 1.5 trillion VND (nearly 73 million USD) .
To date, the province has been home to 189 valid FDI projects with total registered investment of over 3.1 billion USD and 578 valid DDI projects worth over 41 trillion VND (1.9 billion USD).
Looking forwards, the province will promote investment promoting activities to potential overseas markets which boast advanced technological and engineering capabilities.
Additionally, the province will request local district governments to focus on infrastructural development, improving local-based human resources and creating favourable conditions for enterprises to operate businesses in the province.
So far, many industrial parks and urban areas in the province have created jobs for thousands of local labourers with average income up to 6 million VND (285 USD) per person a month.-VNA
