Bac Ninh (VNA) - The northern province of Bac Ninh has licenced 48 new foreign direct investment (FDI) projects worth over 210 million USD so far this year, according to the provincial Department of Planning and Investment.
Meanwhile, 30 existing FDI projects have been approved for capital addition with a total of 1.2 billion USD.
The local authorities also approved capital contributions and purchases of shares and capital contributions by foreign investors at economic organisations with a total value of 3.91 million USD.
Cumulatively, the province now has 2,459 valid FDI projects with a total registered capital of nearly 31.3 billion USD, the department said.
In the first two months of 2025, Bac Ninh granted licences to 24 domestic investment projects worth 111.19 trillion VND (4.35 billion USD). It also allowed 14 operating projects to raise their capital by over 896 billion VND.
So far, Bac Ninh is home to 1,629 valid domestic investment projects with totꦺal registered capital of over 390.7 trillion VND./.
With its potential and local authorities’ flexible and business-friendly policies, Bac Ninh is establishing itself as a magnet for both domestic and foreign investors.
Eighteen domestic and foreign businesses with projects worth 1.8 billion USD received investment registration certificates and investment approval decisions from the People's Committee of northern Bac Ninh province on January 2.
Industrial zones in the northern province of Bac Ninh are targeting the attraction of approximately 100 foreign direct investment (FDI) projects this year, with total capital for new and existing projects expected to reach 1.2 billion USD.
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