Bac Ninh leads nation in FDI attraction in nine months

Bac Ninh province continued topping the nation for foreign direct investment (FDI) influx with a total of over 4.2 billion USD during January-September on the back of its sound investment climate, modern infrastructure, and abundant labour force.

According to the provincial Department of Planning and Investment, foreign investors injected 1.56 billion USD in 339 projects in the industrial hub in the northern region, a year-on-year surge of 82.2% and 28.4%, respectively.

A worker at Vietnam YUTO Printing Packing Co., LTD in Bac Ninh province (Photo: VNA)

During the nine-month span, 147 FDI projects registered to adjust their investment capital with some 2.68 billion USD added.

In September alone, the locality granted investment licences to nine projects with registered capital totaling 57.8 million USD, including one realty project from Singapore worth 44.7 million USD.

To date, Bac Ninh is home to more than 2,400 valid FDI projects with a total value of 29.3 billion USD.

So far this year, local leaders had working sessions with many FDI firms, including Samsung Vietnam, Canon Vietnam, and Goertek Vina, to remove their bottlenecks while doing business there. They also receiving foreign diplomats and businesses from Azerbaijan, China, Germany, Japan, and China who came to seek investment and cooperation opportunities.

Source: VNA
Comment

LatestMost Read
Acting Minister of Industry and Trade Le Manh Hung and candidates for the 16th National Assembly meet voters in Constituency No. 02 of Hai Phong City

Acting Minister of Industry and Trade Le Manh Hung and candidates for the 16th National Assembly meet voters in Constituency No. 02 of Hai Phong City

On March 6, Central Committee member of the Communist Party of Vietnam, member of the Party Committee of the Government, Secretary of the Party Committee and Acting Minister of Industry and Trade Le Manh Hung, together with candidates for the 16th National Assembly from Constituency No. 02 of Hai Phong City, held voter meetings and conducted election campaigning in Kien An Ward and Thanh Ha Commune.