Production value of FDI sector increases 33.8 percent year on year

Updated: 16:13, 12/04/2022

(BGO) - The production value in Bac Giang province hit nearly 61 trillion VND (2.66 billion USD) in the first quarter of this year, up over 31 percent year on year.

•Thai Nguyen ranks second in FDI attraction in two months

•Spectacular breakthrough in FDI attraction

•Bac Giang provincial leader visits and extends Tet greeting to local FDI enterprises

Of which, the foreign direct investment (FDI) business accounted for nearly 53 trillion VND, up 33.8 percent comparing to the same period last year and the remaining were from state owned and non-state owned economic sectors.

The production line at Siflex Vietnam Company Limited in Quang Chau industrial park.

The FDI enterprises operate in six industrial parks of Quang Chau, Van Trung, Dinh Tram, Hoa Phu, Song Khe - Noi Hoang and Vietnam Korea in major fields of manufacturing and producing electronic components for big groups of Samsung, Apple…

Since early this year, these companies have actively implemented Covid-19 preventive measures during production and business; taken care of labours’ health.

Many of them took the advantage of the chance and created breakthrough in production to gain high revenue, typically New Wing Interconnect Technology Bac Giang Company Limited (Van Trung industrial park), Fuhong Precision Component Company Limited (Dinh Tram industrial park)…

Minh Linh

Provincial leader visits and extends Tet greeting to some FDI enterprises

(BGO) – On January 17, Vice Chairman of Bac Giang provincial People’s Committee (PPC) Phan The Tuan and representatives of Department of Foreign Affairs, PPC Office and Industrial Park Management Board visited and extended Tet greeting to Crystal Martin Vietnam Company Limited; Jufeng New Materials Vietnam Co.,Ltd in Quang Chau industrial park, Viet Yen district and SeoJin Vietnam Co.,Ltd in Song Khe – Noi Hoang industrial park in Yen Dung district.

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.

FDI tops 31 billion USD in 2021

The total new, adjusted capital and share purchases by foreign investors reached 31.15 billion USD as of December 20, up 9.2 percent annually, reported the Foreign Investment Agency.

HCM City: FDI enterprise pays highest Tet bonus of nearly 1.3 billion VND

The highest bonus for the upcoming Lunar New Year (Tet) holiday has been reported at 1.3 billion VND (nearly 57,000 USD) in a foreign-invested business in Ho Chi Minh City, according to the municipal Department of Labour, Invalids and Social Affairs.