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Investment attraction to Bac Giang province increases 27.8 percent in first 8 months

Updated: 10:38, 25/08/2020
(BGO) – According to the Department of Planning and Investment in Bac Giang province, the province attracted total investment of 77.7 million USD in August 2020, accounting for 52.5 percent of the same period last year.

In which, the local authority approved for 14 domestic direct investment (DDI) projects with total registered capital of 337 billion VND (14.5 million USD), 3 foreign direct investment (FDI) projects with total value of 14.15 million USD while adjusting 3 DDI projects with total added value of 90 billion VND (3.8 million USD) and 9 FDI projects with added capital up to 40.26 million USD.

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Investment attraction to Bac Giang province increases 27.8 percent in first 8 months.

In accumulation, the province has drawn total investment of 923 million USD since early this year, up 27.8 percent including 70 new DDI projects with total registered capital of 7,534 billion VND (325 million USD), 22 FDI ones with total investment of 307.9 million USD while adjusting 15 DDI projects with added capital of 303 billion VND (13 million USD) as well as 32 FDI ones with increased capital up to 279 million USD.

Comparing to the same period in 2019, the number of DDI projects accounted for 68.4 percent while the newly registered capital made up 92.1 percent; the number of new FDI projects increased 11.9 percent with registered capital up nearly 3.8 times; the adjusted projects accounted for 87.5 percent with added capital made up 63.8 percent.

Besides, August witnessed highest number of newly established businesses since early this year. The province had 164 new enterprises, making up 51.9 percent year on year increase. For the first 8 months of this year, 790 new businesses have been established, down 11.6 percent while the registered capital hit over 8,100 billion VND (349.5 million USD), up 3.9 percent.

Investment attraction to Bac Giang increases 36.1 percent in first 7 months
(BGO) – Bac Giang province has attracted total investment of 232 million USD in July 2020, doubling the figure at the same period last year. In accumulation, the province has lured 896 million USD for 7 months, making up 36.1 percent year on year increase.
PM sets up inspection teams to expedite public investment
Prime Minister Nguyen Xuan Phuc has established seven inspection teams who will work with provincial authorities and ministries to seek methods to accelerate public investment as the rate of disbursement has lagged behind the schedule for 2020.
Vietnam's overseas investments see H1 surge
The value of overseas investments by Vietnamese enterprises reached $222.67 million in the first six months of this year, up 11.4 percent year-on-year.
Bac Giang draws investment capital of over 668 million USD in 5 months
(BGO) – Bac Giang province has licensed and adjusted 87 projects for the first 5 months in 2020 with total newly registered and added capital of 668.3 million USD, accounting for 89 percent comparing to the same period last year.
Bac Giang focuses on measures to attract new investment wave
(BGO) - On June 18, the People's Committee of Bac Giang province held its regular meeting in June. Chairman of the Commitee Duong Van Thai and Permanent Vice Chairman Lai Thanh Son chaired the event.

An Nhien

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