Bac Giang licenses 13 new projects in industrial parks

BAC GIANG - According to the Provincial Industrial Park Management Board (IPMB), in September, the Bac Giang province issued new investment registration certificates for 12 foreign direct investment (FDI) projects and 1 domestic investment project (DDI) with registered capital of nearly 133.8 million USD and 168 billion VND in industrial parks.

At the same time, adjustment registration was granted for 16 projects, including 4 projects with increased capital up to 134 million USD and one terminated project per request of investor.

Illustrative image.

In accumulation in 9 months, the provincial IPMB issued new investment certificates for 52 FDI projects and 7 DDI projects with registered capital of more than 1.32 billion USD and over 992.85 billion VND and approved for 164 projects to be adjusted, 34 of which increased capital up to 310.6 million USD and more than 520.2 billion VND.

To date, there are a total of 480 projects in industrial parks, including 366 FDI projects and 114 DDI projects.

The above results were gained thanks to the due attention of local authority and the IPMB, especially in guiding and providing investment support information and responding to recommendations and reflect from the businesses in accordance with regulations.

In addition, the provincial IPMB regularly checks the implementation of investment plan and progress for projects that received investment certificates in industrial parks.

Vietnam, US agree to turn investment, innovation into important pillar of new partnership

Vietnamese Prime Minister Pham Minh Chinh and US President Joseph Robinette Biden Jr. agreed on September 11 to turn technology, innovation, and investment into a truly new important pillar of the countries’ freshly established comprehensive strategic partnership.

 

Bac Giang approves for investment policy of new 50 hectare urban project in Hiep Hoa

BAC GIANG  - The Bac Giang provincial People’s Committee has issued Decision to approve for the investment policy of Chau Minh – Mai Dinh new urban project in Hiep Hoa district (Bac Giang province).

 

Bac Giang accelerates public investment disbursement

BAC GIANG - By August, Bac Giang's public investment disbursement rate had been lower than the national average. To speed up the progress, the province is focusing on synchronously implementing solutions with a view to disbursing all allocated capital this year.

 

IFC commits nearly $1.9B in Vietnam investment

The International Finance Corporation (IFC), a unit of the World Bank, has committed to investing nearly $1.9 billion in Vietnam through the 2023 financial year.

 

ASEAN increases investment cooperation

With ASEAN set to see a brighter investment outlook post-Covid-19, further facilitation of a more competitive investment environment spurred on by regional free trade agreements is helping Vietnam to woo more funding from the bloc and its partner countries.