Firms in Bac Ninh’s IPs generated over 1,151 trillion VND (49.45 billion USD) in industrial production value, exported 22.6 billion USD worth of products, and contributed 11.5 trillion VND to the state budget.

Workers at Orion Food Vina Co.,Ltd at Yen Phong industrial park.

From the outset of the year, the management boards of the local industrial parks revoked investment certificates and investment registration certificates of 237 projects with total registered capital of 942.6 million USD.

After two decades, the industrial parks have become an important part of the local economy, promoting the economic structure transform, while improving the province’s capacity in production and technology transfer, enhancing production efficiency and engaging deeper into the global production chain.

Established on August 25, 1998 under the Prime Minister’s Decision 152, the Management Board of Bac Ninh Industrial Parks has overcome various difficulties to complete all assigned tasks.

Particularly, strong performance in investment management and industrial park planning has helped Bac Ninh strongly thrive from a poor locality to one of the richest localities and a socio-economic development model with increasing role in the national economy.

Since 2000 when Bac Ninh launched its first industrial park of Tien Son, the province has currently had 16 concentrated industrial parks covering nearly 6,400 hectares. Ten of them have been operational. The occupancy ratio of the park has reached 88 percent of cleared land, much higher than the national average ratio.

Belgium funds projects on governance, education in central region

The Belgian government is placing priority on a number of non-refundable projects in education, public health, water and sanitation in Vietnam, Belgian Ambassador to Vietnam Paul Jansen said during a visit to the Central Highlands province of Kon Tum.

Vietnam prioritises oil and gas cooperation projects with Russia

The Vietnamese Government always gives the top priority to oil and gas cooperation projects with Russia, said Prime Minister Nguyen Xuan Phuc at a reception for General Director of Zarubezhneft JSC Sergey Ivanovich Kudryashov in Hanoi on December 13.

Government approves Tuyen Quang-Phu Tho expressway project

The Government has approved the construction of an expressway connecting the northern provinces of Tuyen Quang and Phu Tho under the Build-Operate-Transfer (BOT) format after three years of delays.

JICA-funded waste-to-power project benefits Can Tho

Officials of the Mekong Delta city of Can Tho had a working session with representatives from the Japan International Cooperation Agency (JICA) on December 9 to discuss a project to reduce domestic waste in Can Tho in the coming time.

Bac Giang approves and adjusts 222 investment projects

(BGO) – The investment attraction to Bac Giang province has been accelerated with positive results since early this year, especially drawing foreign direct investment (FDI) projects with sharply increased capital, much improved quality and bigger scale.

Source: VNA