(13th Congress) - In the Jan-Oct period, industrial parks (IPs) in the northern province of Vinh Phuc lured 16 new FDI projects and 35 ongoing projects increasing capital with a total registered capital of nearly 300 million USD, equal to 80% of the year’s target, according to Vietnam News Agency.
A corner of Ba Thien 2 IP (Binh Xuyen) and Binh Xuyen IP. (Photo: baovinhphuc.com.vn)
There were also six domestic direct investment projects with more than 700 billion VND (30.31 million USD) in total capital.
Local IPs now house 372 valid projects, including 307 FDI projects with registered capital in excess of 4.3 billion USD.
Vinh Phuc has bolstered its administrative reform efforts, built an open investment climate, and zoned off land lots for the wave of major investment expected upon the completion of the Thang Long Vinh Phuc Industrial Park Phase II and the Dong Soc industrial cluster.
The province is currently viewed as among four localities in Vietnam with the best infrastructure and conditions for industrial development./.
BTA