Bac Ninh leads in attracting FDI

VGP – Northern Bac Ninh Province licensed investment certificates for 578 Foreign Direct Investment (FDI) projects, valued US$7.567 billion over the past seven months.

August 11, 2014 4:02 PM GMT+7

Illustration photo

According to the provincial People’s Committee, 800 domestic projects were invested with VND85,000 billion in the first seven months of the year.

In July alone, nine FDI projects were licensed with a total registered capital of US$1.004 billion while two domestic projects, worth VND337 billion, were given nod.

The provincial Department of Planning and Investment granted business registration certificates to 50 enterprises with a total capital of over VND525 billion, bringing the total number of enterprises receiving the certificates to 7,142 with more than VND104,000 billion.

Based on statistics of the General Statistics Office, under the Ministry of Planning and Investment, over the past seven months of the year, Bac Ninh Province took lead in attracting foreign investment among 45 cities and provinces nationwide.

The Republic of Korea’s Samsung Display was licensed to invest US$1 billion in the province.

By Thuy Dung