The northern province of Bac Ninh has so far this year attracted more than 2 billion USD in foreign direct investment (FDI), thanks to innovations and increased efficiency of investment promotion activities.
Employees of Deli Vietnam Co. Ltd. at Yen Phong Industrial Park in Bac Ninh province. (Photo: VNA)
Bac Ninh (VNA) – Thenorthern province of Bac Ninh has so far this year attracted more than 2 billion USD in foreigndirect investment (FDI), thanks toinnovations and increased efficiency of investment promotion activities.
The work in this effort includes dialogueswith companies and workers, honouring outstanding individuals and organisations in tax payment, and maintaining a quick response team to support enterprises.
So far this year, the provincehas licensed 124 projects with combined registered capital of 318.8 million USD,marking an increase of 7.8% in terms of the number of projects. Meanwhile, 118 projects were grantedcertificates for capital addition with a total of 1.67trillion USD, an increase of 8 folds.
Cumulatively,the province now has 1,799 valid FDI projects with a total registeredinvestment capital of more than 23.1 billion USD.
Also in the period under review, BacNinh has gran🌼ted new investment registration for 49 domestic projects with a total registered capital o꧙f 16.211 trillion VND (677.01 million USD). Itgranted investment registration to adjust capital for 38 projects with an addition of 1.828 trillion VND.
Thenumber of new domestic enterprises in the province this year is 2,443, up 15.5%,with a registered capital of 20.036 trillion VND.
Cumulatively,the province has 17,930 domestic enterprises with a total registered capital ofnearly 329.35 trillion VND.
Theprovince expects to attra💙ct 1.2 billion USD in FDI to its industrial parks in2023.
It commits to continue to accompany businesses, promoteadministrative reform and investment promotions, attract high-qualityinvestment in new industrial parks, attract and strongly develop industrieswith high efficiency and high technologies, increase the proportion ofprocessing, manufacturing and supporting industries, and reduce the proportionof outsourcing.
The province plans to accelerate the progress of siteclearance and complete the technical infrastructure of industrial parks like VietnamSingapore Industrial Park 2 (VSIP2), Yen Phong 2A, Yen Phong 2C, Thuan Thanh I,Gia Binh, Gia Binh II and industrial clusters.
It hopes to further attract foreign-invested ente🍸rprises, especially large onesthat will create a driving force for the province’s economic development andplay a leading role in supporting enterprises, and domestic small and mediumenterprises when they join the supply chain./.
With a view to becoming Vietnam’s leading manufacturing centre of electronic products, the northern province of Bac Ninh has taken a lot of concerted and flexible measures, focusing on high-value segments such as smartphones, electronic devices, and components.
A ceremony to launch activities in response to the global campaign to make the world cleaner themed "Working together to change the world" has been organised at the Bac Ninh High School for Gifted Students in the northern province of Bac Ninh.
The northern province of Bac Ninh has set a target of raising the proportion of hi-tech agriculture in the province’s total agricultural output value to 35 – 40% by 2025, with the awareness that hi-tech agriculture is the inevitable direction of agricultural development.
Danish toymaker LEGO has officially begun the construction of its 1 billion USD project in the southern province of Binh Duong as green investment starts to take shape in Vietnam.
The foreign development investment (FDI) surpassed 25.1 billion USD in the first 11 months of this year, according to the Ministry of Planning and Investment.
The disbursement of foreign direct investment (FDI) in Vietnam went up 15.1% between January and November to some 19.68 billion USD, the highest 11-month figure over the past five years, according to the General Statistics Office (GSO).
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
Employees of Deli Vietnam Co. Ltd. at Yen Phong Industrial Park in Bac Ninh province. (Photo: VNA) 
