Illustrative image (Source: http://nhandan.com.vn) Bac Ninh (VNA) - So far this year, authorities of the northern province of Bac Ninh have licensed 148 new investment projects worth 376.154 million USD. The province also allowed 94 existing projects to increase their capital by over 652.1 million USD and revoked 17 projects with a combined investment capital of more than 153 million USD. At present, as many as 1,275 foreign-invested projects from 32 countries and territories are operating in Bac Ninh. In July alone, the province issued new investment registration certificates for 20 FDI projects with a total registered capital of more than 120.5 million USD, and allowed nine projects to increase capital totalling 62.6 million USD. Foreign investors poured their money into 13 out of the 21 sectors in Bac Ninh. The processing and manufacturing industry attracted the largest amount of foreign investment, with 902 projects worth over 15 billion USD, accounting for 93.5 percent of … [Read more...] about Bac Ninh licenses 148 new projects
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Bac Ninh industry promotion helps enterprise development
(VEN) - Most enterprises in Bac Ninh Province are small to medium-sized facilities with modest capital and insufficient experience in market development and management experience. The Industry Promotion Center of Bac Ninh Province has implemented many programs and projects to help enterprises buy modern technology and equipment, contributing to provincial industrial development. Industry promotion has facilitated the establishment of industrial and handicraft enterprises and cooperatives in rural areas Hoang Minh Thang, Director of the TSD Co., Ltd in Bac Ninh Province’s Que Vo Industrial Park said his company implemented a VND240.5-billion high quality carton packaging production with VND500 million of the project’s capital funded by a national industry promotion program. Apart from providing stable jobs for more than 200 people with an average income of VND5.5-7 million per capita per month, the project is expected to enable TSD to gradually join … [Read more...] about Bac Ninh industry promotion helps enterprise development
Bac Ninh – a magnet for FDI attraction
A corner of Yen Phong industrial zone where many FDI firms are located in Bac Ninh (Source:bacninh.dangconsan.vn) Bac Ninh (VNA) – The northern province of Bac Ninh has been considered as a magnet for foreign direct investment (FDI) attraction with the rising pull of investment in recent years. After 30 years of FDI attraction (1987-2017) and 20 years of re-establishment (1997-2017), the FDI sector of Bac Ninh has become a dynamic economic area with positive contributions to the locality’s socio-economic development. In 1997, Bac Ninh had only four FDI projects worth nearly 178 million USD. Recently, FDI in the province has increased sharply, reaching a record of 3.5 billion USD in 2017. As of 2017, the province had nearly 1,140 valid FDI projects with a combined registered capital of over 16 billion USD, ranking sixth out of the 63 localities in terms of investment. Foreign firms have invested in 13 out of 21 sectors in Bac Ninh, mostly in processing and manufacturing … [Read more...] about Bac Ninh – a magnet for FDI attraction
LienVietPostBank to support Bac Ninh in building e-government
Representatives of LienVietPostBank and the People’s Committee of Bac Ninh Province sign the cooperation agreement. — Photo ndh.vn Lien Viet Post Commercial Joint Stock Bank (LienVietPostBank) and the have signed a cooperation agreement in building e-government and smart cities in the province. Under the agreement, LienVietPostBank pledged to support Bac Ninh province in speeding up the development of e-government and smart cities in accordance with the target of becoming a State-administered city by 2022. The bank will provide electronic payment services, business services on the basis of digital data, digital banking, telecom infrastructure development and information technology, as well as IT applications for e-government and smart cities in the area. Under the legal framework, the provincial People’s Committee pledges to create favourable conditions for LienVietPostBank to participate in programmes and projects of the province to meet the needs of building … [Read more...] about LienVietPostBank to support Bac Ninh in building e-government
Bac Ninh urban general planning scheme to be adjusted
The Government leader assigned the Bac Ninh provincial People’s Committee to work with relevant agencies to make and submit for approval the adjustment tasks and blueprints of the Bac Ninh urban general planning scheme. On that basis, the Ministry of Construction will conduct the appraisal of the adjustment tasks and blueprints in line with the regulations on construction general planning. Earlier, the PM approved the blueprints of the Bac Ninh urban general plan until 2030, with a vision to 2050. The objective of the blueprints is to build and develop the Bac Ninh metropolis into a first-class metropolis in the 20s of the 21th century, creating a premise for the construction of Bac Ninh province into a centrally run city by 2030. By 2050, the Bac Ninh metropolis will be developed into one of the important economic centers of the northern key economic zone and the Ha Noi capital region, with a focus on high-quality commercial services, training-scientific research, cultural … [Read more...] about Bac Ninh urban general planning scheme to be adjusted