From the beginning of 2022, the province had 225 newly established businesses (up 20.3 percent) with registered capital of 2,203 billion VND (up 83.5 percent) while 26 companies dissolved the operation (down 7.1 percent) and 202 firms and branches suspended activities (up 6.8 percent against the same period last year).

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To enhance the investment attraction, accelerate production development, in the upcoming time, Bac Giang will further improve the business environment, focus on handling difficulties for enterprises, renovate and reinforce the investment attraction task with priority taken to projects with high efficiency and technology.

Local authority has regularly grasped the project execution schedule to timely remove arising obstacles, especially issues relating to administrative procedure in investment, bank loan, site clearance…

The province also boosts up business startup activities and supporting service; raise the quality of dialogue; handle obstacles and proposal from business; accelerate industrial production activities early, especially big projects…

Expert highlights three factors helping Vietnam secure FDI inflows

Low labour cost, favourable geographic location and the expansion of investment abroad are three key factors helping Vietnam secure its foreign direct investment (FDI) attraction, according to Chief economist VinaCapital Michael Kokalari.

Bac Giang provincial leader extends Tet greeting to FDI enterprises

(BGO) – On January 10, Vice Chairman of Bac Giang provincial People’s Committee (PPC) Le O Pich led a delegation with several departments and sectors to visit and extend Tet greeting to some foreign direct investment (FDI) businesses in Bac Giang and Bac Ninh provinces.

Bac Giang stands side by side with FDI enterprises to overcome difficulties, maintain production and business

(BGO) - On December 13, the Ministry of Foreign Affair held the 20th National Conference on Local Diplomacy. At the “Investment and commercial cooperation” session, Vice Chairman of Bac Giang provincial People’s Committee (PPC) Phan The Tuan delivered a speech themed “The cooperation of Bac Giang province with investors and foreign direct investment (FDI) enterprises to overcome difficulties, maintain production and business”. Bac Giang Newspapers would like to introduce his speech.

Bac Giang ranks 10 nationwide in GRDP and FDI attraction

(BGO) – Though Bac Giang province must encounter a lot of difficulties and challenges in 2021, the local socio-economy has gained important and encouraging results in every aspect. The province was the first localities in Vietnam honored with Labour Medal for achievements in Covid-19 prevention and control and outstanding model to successfully realize “the duo target”.

Bac Giang attracts high FDI flow

(BGO) – The Industrial Park Management Board (IPMB) in Bac Giang province has given a nod to ET Enegy Techology Company Limited in Van Trung industrial park  to add more 30 million USD to its solar panel production project, making total capital of the project up to 87 million USD.