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Bac Giang is the first localities to attract FDI of over 1 billion USD in 2023

Updated: 15:15, 29/03/2023
(BGO) – In the first three months of 2023, Bac Giang province attracted over 1.1 billion USD of foreign direct invesetment (FDI), accounting for nearly 20.3 percent of total registered investment.

The latest data from Foreign Investment Agency (Ministry of Planning and Investment) proved that from the beginning of the year to March 20, the total newly registered capital, adjusted and contributed capital to buy shares of foreign investors reached nearly 5.45 billion USD, equal to 61.2 percent over the same period in 2022.

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Bac Giang attracts FDI of over 1 billion USD in the first three months of 2023.

The executed capital of FDI projects was estimated at over 4.3 billion USD, down 2.2 percent year on year.

Regarding the investment destination, the foreign investors poured their money to 44 provinces and cities nationwide in the first three months of this year in which Bac Giang led with over 1.1 billion USD, accounting for nearly 20.3 percent of total registered capital and representing 5.2 fold increase against 2022 figure.

Also, Bac Giang was the first localities in Vietnam to attract total registered FDI of over 1 billion USD in 2023.

Nearly 693 million USD of registered investment added to FDI projects in Bac Giang
(BGO) – Bac Giang province approved to increase registered capital of 44 foreign direct investment (FDI) projects in 2022 to add nearly 693 million USD, representing 1.7 fold increase year on year.
Positive FDI attraction to Bac Giang province
(BGO) - Apart from highest ever economic growth in the history, Bac Giang was one of localities with impressive result of investment attraction in 2022. Particularly, the province secured ninth position nationwide in foreign direct investment (FDI) attraction which helped affirm Bac Giang continues to be attractive destination for investors.
Bac Giang provincial leader extends Tet greeting to FDI enterprises
(BGO) – On December 19, Vice Chairman of the Bac Giang provincial People’s Committee (PPC) Phan The Tuan led a delegation to visit and extend Tet greeting to three foreign directed investment (FDI) companies in Quang Chau industrial park (Viet Yen district), including Fuyu Precision Technology Company Limited, Nichirin Vietnam Company Limited and Lens Vietnam Company Limited.
Positive signs from FDI business
(BGO) – Bac Giang province now houses hundreds of foreign direct investment (FDI) businesses, mostly in the industrial parks. They not only exert every effort in production and business to highly contribute to the provincial budget but also actively participate in social activities toward the community life.
FDI enterprises pay nearly 360 billion VND to budget
(BGO) - Bac Giang province now has more than 500 foreign direct investment (FDI) enterprises with regular contribution to provincial budget, reported the provincial Department of Taxation in Bac Giang province.

Source: VTC News

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