Bac Giang to kick off many infrastructure projects in Q2
The northern province of Bac Giang has planned to begin a host of basic infrastructure projects within the second quarter, focusing on speeding up the progress of and tackling hurdles facing major ones.
Bac Giang (VNA) – The northern province of BacGiang has planned to begin a host of basic infrastructure projects within thesecond quarter, focusing on speeding up the progress of and tackling hurdlesfacing major ones.
The province is striving to start the construction of the NhuNguyet bridge on April 30, and of the Dong Viet bridge on May 19.
Local authorities are set to pay a special attention to investmentpreparations and compensation for site clearance at the Viet Han, Quang Chau,Hoa Phu, Tan Hung and Yen Lu industrial parks.
Tourism development, particularly at existing destinationslike the eco-spiritual site Tay Yen Tu and the Truc Lam – Phuong Hoang Zen monastery,is also another focus.
Per official statistics, Bac Giang is implementing a seriesof big projects, including 13 public-invested and three public–privatepartnership ones. Among them are an infrastructure and warehousing project servingthe international logistics center in Bac Giang city worth over 4.19 trillionVND (183.18 million USD), a road project valued over 1.45 trillion VND, and a1.214 trillion VND golf course./.
The People’s Committee of northern Bac Giang province has granted investment registration certificates to two industrial park (IP) development projects with a combined capital of nearly 4 trillion VND (174.72 million USD).
The northern province of Bac Giang has been promoting the sales of “Thieu” lychee in domestic and foreign markets, including high-standard ones, according to Vice Chairman of the provincial People’s Committee Phan The Tuan.
Though Bac Giang was a COVID-19 epi-centre when the fourth wave of the pandemic struck the country last year, the northern province has managed to keep the virus at bay and revive the economy with strong determination and action of the local administration and the solidarity among the political system, business community and citizens.
As many as 225 new businesses were set up in the northern province of Bac Giang in the first quarter of this year, up 20.3 percent from the same period in 2021.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
A corner of Bac Giang (Photo: VNA) 
