The northern province of Bac Giang has attracted 121 investment projects so far this year, according to Director of the provincial Department of Planning and Investment Trinh Huu Thang.
Bac Giang (VNA) 𝓀– The northern province of Bac Giang has attracted 121 investment projects so far this year, according to Director of the provincial Department of Planning and Investment Trinh Huu Thang.
He said that the locality lured 87 domestic projects worth 11.42 trillion VND (513.9 million USD) (up 3.9 times from the same period last year), and 33 foreign ones worth 353 million USD (up 179 million USD over last year).
To improve the local business environment, the provincial People’s Committee issued a plan in June assigning tasks for departments.
For example, the Department of External Relations was assigned to hold meetings with businesses from the Republic of Korea that invest in the province.
The Department of Planning and Investment was directed to propose projects calling for investment in the form of public-private partnership, especially in transport.
Also, the Department of Home Affairs was requested to prepare for the effective operation of the provincial public administrative center, which will be launched on September 1.
The steering committee for supporting business investment and development was urged to monitor the implementation of key projects on the Yen Tu spiritual tourism complex, the route linking National Highways 31 and 17, the international logistics complex and the urban area to the south of Bac Giang City.-VNA
Northern Bac Giang province will create the most favourable conditions for both local and foreign enterprises operating in the locality, said the Chairman of the provincial People’s Committee.
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The northern province of Bac Giang has earned around 3 trillion VND (about 135 million USD) from lychees and some 2 trillion VND (90 million USD) from related services so far this year.
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The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative image (Source: VNA)
